Wow, I am surprised we haven't seen one of these[1] sooner. Also surprised they got advice from counsel that they might be able to prevail here. From the blurb in the Times it seems pretty cut and dried. And if the unit really does make nearly half a billion dollars a year, it seems like throwing a few million over the fence in licensing fees wouldn't be a huge burden. Of course, it could be a bit more predatory than that, and RBS has been scrambling like mad to replace this chunk while their lawyers fight a delaying action in the courts.
[1] Major Corp getting screwed because some tricky licensing provision in their tech stack bites them in the backside.
[1] Major Corp getting screwed because some tricky licensing provision in their tech stack bites them in the backside.