Tag Archives: lost profits

U.S. Supreme Court To Decide Whether Patent-Holders Can Recover Foreign Lost Profits

On January 12, 2018, the U.S. Supreme Court granted certiorari in WesternGeco L.L.C. v. ION Geophysical Corp., No. 16-1011.  The case stems from an opinion of the Federal Circuit in which a divided panel affirmed a jury’s verdict of patent infringement and its damages award of $12.5 million in reasonable royalties but reversed the jury’s additional … Continue Reading

The $93.4 Million Question: Can Patent-Holders Recover Profits Lost On Contracts To Be Performed Outside The U.S.?

Is a patent-holder precluded from recovering lost-profits damages for patent infringement if those profits would have been earned on contracts for services to be performed outside of U.S. territory?  That is the $93.4 million question presented by the cert petition in WesternGeco L.L.C. v. ION Geophysical Corp., No. 16-1011 and that the Supreme Court is … Continue Reading
LexBlog