2nd Circ. Upholds Kodak's $24M Win In Patent Licensing Row

Law360, New York (May 1, 2013, 4:53 PM EDT) -- The Second Circuit on Wednesday affirmed a $24 million win for bankrupt Eastman Kodak Co. in a dispute over camera patents, finding a licensing agreement was not ambiguous in specifying when digital camera maker Asia Optical Co. Inc. had to pay royalties to Kodak.

The appeals court rejected Asia Optical's argument that it had the right to put Kodak's patented technology in some cameras it made for other companies without paying a royalty. A trial judge in July 2012 found Asia Optical breached the 2004 licensing...
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