Correct me if I'm wrong, but it seems that this company can restart operations? Who owns the IP now?
The argument that the patent climate hasn't changed should not deter investors in a restart of this company, most startups would die if they are sued for patent infringement and in this case the aggressor has been pacified.
I agree - given that Google has now acquired Like.com and they would be (very) unlikely to bring any lawsuit, why can't the company just re-launch - even if they have to bootstrap ?
The argument that the patent climate hasn't changed should not deter investors in a restart of this company, most startups would die if they are sued for patent infringement and in this case the aggressor has been pacified.