Kodak Gets $33.7M Win In Digital Camera IP Licensing Suit

Law360, New York (July 18, 2012, 7:27 PM EDT) -- A New York federal judge on Wednesday granted a $33.7 million judgment in favor of Eastman Kodak Co. in its dispute with Asia Optical Co. Inc. over a breached licensing agreement that allows Asia Optical to use Kodak's patented digital camera technology.

U.S. District Judge Denise L. Cote ordered a final judgment in favor of Kodak and against Asia Optical in the amount of $24,147,344 plus prejudgment interest of $9,579,187. Furthermore, the judge dismissed all outstanding claims and counterclaims.

Kodak first filed suit in August, arguing...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.