NY Judge Won't Toss $76M Kodak Win In Royalty Dispute

Law360, Los Angeles (March 6, 2014, 4:02 PM EST) -- A New York federal judge on Thursday refused to toss a $76 million jury verdict against Ricoh Co. Ltd. over unpaid royalties for some digital camera kits sold by Ricoh subsidiary Pentax Corp., ruling that evidence supported the jury’s verdict in favor of Eastman Kodak Co.

U.S. District Judge Denise Cote denied Ricoh’s motion to vacate the jury’s October verdict, which found that Ricoh had not paid royalties on the camera kits in violation of a 2002 patent license agreement with Kodak. 

The agreement between Kodak...
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.