CEO's Jab At Patent Law Costs InnoLux Double Royalties

Law360, New York (October 04, 2011, 9:38 PM ET) -- A Texas federal judge on Friday ordered InnoLux Corp. to pay Mondis Technology Ltd. $1.9 million in Mondis’ infringement suit over computer monitor and television patents, and doubled the royalty rate InnoLux will pay in the suit after its CEO knocked U.S. patent enforcement.

U.S. District Judge T. John Ward said he ordered an ongoing royalty rate of 0.75 percent for the allegedly infringed televisions, but increased the penalty from 0.75 percent to 1.5 percent for computer monitors in part because InnoLux's CEO was recently quoted...
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Case Title

Mondis Technology Ltd v. Chimei InnoLux Corporation et al


Case Number

2:11-cv-00378

Court

Texas Eastern

Nature of Suit

Patent

Judge

Rodney Gilstrap

Date Filed

August 30, 2011

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