DoJ, Oracle to Set Legal Ground Rules

March 10, 2004

[From internetnews.com]

Lawyers with the U.S. Department of Justice, Oracle (Quote, Chart), and PeopleSoft (Quote, Chart) are scheduled to meet in court Wednesday to hammer out a trial schedule and pretrial motions over Oracle's hostile bid for PeopleSoft.

A DoJ spokesperson told internetnews.com that the Case Management Conference for The United States et al vs. Oracle will include conferring with Pleasanton, Calif.-based PeopleSoft on how the case is going to be handled even before it even goes to trial. Both the DoJ and PeopleSoft are looking to block Oracle's controversial bid to buy PeopleSoft for $9.4 billion.

In court documents filed Tuesday, each side asked District Judge Vaughn R. Walker for a June 21 trial date with the assumption that both sides would need at least ten days to present their cases. The two sides have bantered about the issue with March 22 as a good cutoff point for the discovery phase of the trial, but the issue has not been completely settled. Analysts suggest the landmark case could last about five months.

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