Western Digital Notes Court’s Decision to Extend Temporary Restraining Order

Western Digital Corp. announced following a court hearing today that the Superior Court of California for the County of San Francisco decided to extend the temporary restraining order that the court had granted on July 11, 2017, in favor of Western Digital’s SanDisk subsidiary, pending entry of a preliminary injunction.

SanDisk is seeking the preliminary injunction enjoining Toshiba Corporation from prohibiting certain employees from accessing shared databases and from refusing to ship certain engineering wafers and samples to ensure the uninterrupted operations of the JVs.

Western Digital stated:
We are pleased with the success we have had in both the Superior Court of California and the California Court of Appeal and the momentum we have heading into arbitration. Western Digital remains confident that SanDisk will succeed on the merits of the arbitration requests filed on May 14, 2017 and July 5, 2017, and those cases continue to move forward in the ICC International Court of Arbitration. Furthermore, on July 28, 2017, the court entered a stipulated order preventing Toshiba from closing any transfer of its JV interests without providing at least 14 days’ advance notice to SanDisk.