Patent disputes are so common that many of us just overlook them today. It seems like each week a new dispute is filed between two companies. HP and Cornell University have been fighting it out in court over a patent infringement suit for a while now.

Cornell filed the suit alleging that HP was infringing on Cornell patents by selling HP PA-8000 microprocessors along with workstations and servers using the processors. A jury awarded Cornell $53 million to $184 million in damages.

HP has announced that it is appealing the jury verdict. HP says that it is taking a 1 to 2 cent per share charge in Q2 fiscal 2009 to build its reserves in case it has to pay the award. Odds are the verdict will remain the same on appeal.

HP