Innolux Wants Enhanced Royalties In Mondis IP Case Reversed

Law360, New York (September 12, 2012, 7:46 PM EDT) -- Chimei Innolux Corp. told the Federal Circuit on Monday that a Texas federal judge abused his discretion by ordering it to pay Mondis Technology Ltd. an ongoing royalty rate three times higher than the rate imposed by a jury that found Innolux infringed Mondis' computer monitor patents.

Innolux is appealing a decision by U.S. District Judge J. Rodney Gilstrap, who in April awarded Mondis a 1.5 percent ongoing royalty rate, even though the jury only ordered Innolux to pay a royalty rate of 0.5 percent. The...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.