Medical Supplier BestMed Dodges $3.5M Verdict In IP Row

Law360, New York (May 16, 2013, 6:19 PM EDT) -- Colorado-based medical equipment firm BestMed LLC convinced a New York federal judge to reverse a $3.5 million verdict for its adversary, Israel-based thermometer maker Medisim Ltd., over a thermometer patent that she found invalid Wednesday. 

U.S. District Judge Shira Scheindlin granted BestMed’s motion for judgment as a matter of law, reversing a jury’s $1.2 million patent infringement verdict reached after an 11-day trial, as well as its $2.3 million award on Medisim’s unjust enrichment claims, according to the order.

Her decision found that U.S. Patent No....
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.