Bankruptcy and a Bitter Accusation
Reeling from the financial impact, Akoustis filed for Chapter 11 protection in December 2024, seeking to restructure its operations and pursue a stalking-horse sale of its assets. But the drama didn’t end in bankruptcy court. Akoustis later alleged that Qorvo was deliberately trying to sabotage the sale, accusing its courtroom rival of engaging in backdoor tactics to derail the process and preserve its own dominance in the market.
While the Federal Circuit temporarily paused the appeal due to the bankruptcy proceedings, Akoustis held out hope that it might reverse the jury’s finding—until now.
A Silent Ending to a Noisy Legal War
Despite the magnitude of the case, Tuesday’s developments came with minimal comment. Akoustis’ attorney, David Fine of K&L Gates LLP, declined to offer any statements. Qorvo’s legal counsel, Robert Masters of Sheppard Mullin Richter & Hampton LLP, also remained tight-lipped.
The silence stands in stark contrast to the scorched-earth accusations that defined the litigation, suggesting that both parties may be ready to move forward—or at least regroup.