Imation Units Are Part Of Philips Deal: Fed. Circ.

Law360, New York (November 3, 2009, 8:01 PM EST) -- A federal appeals court has reversed a judgment in favor of Koninklijke Philips Electronics NV, finding that a lower court should not have shut out two Imation Corp. subsidiaries from a patent license agreement between Imation and Philips over information storage and retrieval technology.

The U.S. Court of Appeals for the Federal Circuit on Tuesday entered judgment on the pleadings in favor of Imation, determining that its units, Global Data Media FZ-LLC and Memorex International Inc., met the agreement’s "subsidiary" definition and should be licensed under...
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