Fed. Circ. Denies Arbitration Bid In Oil-Drilling IP Fight

Law360 (March 12, 2021, 10:30 PM EST) -- The Federal Circuit has declined to upend a Louisiana federal court's refusal to compel arbitration in a patent dispute over an elevator roller-insert system used in oil wells, agreeing that the arbitration bid came too late.

A three-judge panel on Friday affirmed a ruling denying a bid for arbitration from Besco Tubular — which was hit with a $5 million jury verdict in July 2019 in a patent suit brought by Spoked Solutions, formerly known as Cajun Services Unlimited LLC.

Besco Tubular had asked to arbitrate the dispute after the jury verdict, but the lower court said the company waived the right to...

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