US Supreme Court Backs IBM in $1.6B Software Dispute

The U.S. Supreme Court on Monday declined to take up a contract dispute between IBM (IBM.N) and rival BMC Software that previously resulted in a $1.6 billion judgment for BMC.

BMC had asked the justices to reconsider a U.S. appeals court’s decision that overturned its win against IBM. BMC had persuaded a lower court judge that IBM unlawfully replaced BMC’s mainframe software at AT&T (T.N) with its own, but the 5th U.S. Circuit Court of Appeals threw out the award last year, ruling that BMC had “lost out to IBM fair and square.”

Read more at Reuters.