December 22, 2009 (FinancialWire) — CombiMatrix Corp. (NASDAQ: CBMX) said the U.S. 9th Circuit Court of Appeals has set a date for appellate oral argument in its litigation with National Union Fire Insurance company of Pittsburgh, PA, an AIG (NYSE: AIG) company.

This argument is a short session (each side will have 15 minutes) to present arguments supplementing those in the Briefs that were filed with the Court earlier this year. The date and time set by the Court is Tuesday, February 2, 2010, at 9: 30 a.m. The hearing will be at the Ninth Circuit Court of Appeals in Pasadena, California.

The case went to trial in late 2007 before the U.S. District Court for the Central District of California, which issued its verdict in February 2008, awarding CombiMatrix approximately $31 million. Successive additions to the Judgment, including court costs and attorneys’ fees, increased the final Judgment to nearly $36 million. National Union appealed the Judgment, and the Court has now set the date to hear oral arguments.

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