Kodak Wins $76M In Camera Patent Dispute With Ricoh

Law360, New York (October 23, 2013, 5:15 PM EDT) -- Recently reorganized Eastman Kodak Co. will bank $75.78 million after a Manhattan federal jury found Wednesday that Ricoh Co. Ltd. hadn't paid royalties on certain digital camera kits sold by Ricoh subsidiary Pentax Corp. in violation of a patent license agreement.

The eight-person jury decided that the digital single lens reflex camera bodies Pentax sold in kits with at least one lens were "self-contained devices" covered by a 2002 patent license agreement between Kodak and Ricoh, which acquired Pentax from Hoya Corp. in 2011, meaning that...
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.