Nokia (NYSE: NOK) and Qualcomm (NSDQ: QCOM) will meet in court Wednesday to address a licensing fight that involves hundreds of millions of dollars and spans three continents, Reuters reports. The trial will have two-eight-day phases with the second start date to be determined. The spat between the two companies has been lengthy, and is based on a 1992 licensing agreement that allowed Nokia to use Qualcomm’s patents in its phones. Nokia paid $1 billion during the life of the license, which expired April 9, 2007. But Qualcomm is disagreeing and is now asking the Delaware Court of Chancery to rule that Nokia extended that agreement by continuing to buy its patented products on the same terms. Nokia says maintains the license can only be extended in writing. It’s pretty complicated, but the biggest concern of the industry is that both companies will spend millions of dollars to resolve the issues.