Rimini Street prevails on key legal points as Oracle withdraws all monetary claims in Rimini II

Rimini Street, Inc.

Oracle withdrew all monetary claims against Rimini Street and CEO Seth Ravin; non-jury trial on equitable claims ruled July 24, 2023.
Court entered declaratory judgment of non-infringement for EBS software; Oracle failed on infringement claims for 4 of 5 product lines.
Court held that Oracle's license agreements do not prohibit customers from hiring third-party support like Rimini Street to perform updates.
Rimini Street plans to appeal certain Court conclusions; has history of prevailing in every prior Ninth Circuit and unanimous Supreme Court win.
Earlier Rimini I (2015 trial): Oracle lost 23 of 24 claims; related appeal argued Feb 2023 awaiting Ninth Circuit decision.

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