'Complaint Counsel Opposes Respondent Microsoft Corporation's Motion To Reopen Discovery For The Purpose Of Serving Subpoenas Ad Testificandum On Ubisoft Entertainment And Sony Interactive Entertainment Regarding Their Agreements' - Court Document
Portfolio Pulse from Benzinga Newsdesk
The Complaint Counsel has opposed Microsoft Corporation's motion to reopen discovery to serve subpoenas on Ubisoft Entertainment and Sony Interactive Entertainment about their agreements. This opposition is part of ongoing legal proceedings.
January 25, 2024 | 2:55 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Microsoft's legal strategy faces opposition from the Complaint Counsel, potentially affecting the progress of its case.
The opposition to Microsoft's motion to reopen discovery could delay or complicate the legal process, potentially creating uncertainty for investors and negatively impacting Microsoft's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Sony Interactive Entertainment's involvement in Microsoft's legal case could increase if subpoenas are served, but currently faces opposition.
Sony's potential involvement through subpoenas could bring it into the spotlight of Microsoft's legal case, but the impact on its stock is expected to be neutral in the short term due to the current opposition.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Ubisoft may be drawn into Microsoft's legal proceedings if the motion to serve subpoenas is approved, despite the current opposition.
While Ubisoft is not the primary focus of the legal dispute, being involved in subpoenas could bring some attention to the company, with a neutral impact expected on its stock in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50