Water Balloon Patent Win Upped To $24.5M Plus Atty Fees

Law360 (March 27, 2019, 10:49 PM EDT) -- A Texas federal judge doubled a jury award to $24.5 million and tacked on $4.75 million in attorney fees and expenses for a toy company that won a case against Telebrands Corp. for infringing two patents on a water balloon device, finding the infringer's misconduct in the case wasted court resources.

In a 64-page redacted opinion issued earlier this month and unsealed Wednesday, U.S. District Judge Robert W. Schroeder III added to Tinnus Enterprises' November 2017 trial victory when a jury found that Tinnus deserved $10.25 million in lost profits and $2 million in royalties because of the infringement of two...

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