Daewoo Must Pay Funai $8M In VCR Patent Suit

By Erin Fuchs

Law360, New York (September 01, 2010, 7:45 PM ET) -- The U.S. Court of Appeals for the Federal Circuit ruled Wednesday that Daewoo Electronics America Inc. must pay its share of an $8 million default judgment against its predecessor in a VCR patent fight with Funai Electric Co.

In a 50-page opinion by Judge Pauline Newman, the Federal Circuit affirmed a lower court's $7.2 million judgment against South Korea-based Daewoo Electronics Corp. and its American unit and struck another blow to the U.S. unit by reversing the decision as it related to successor liability.

Funai sued...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles