Law360, New York (January 27, 2016, 9:03 PM EST) -- The University of Wisconsin's nonprofit patent and licensing organization has escaped a lawsuit brought by Washington University in St. Louis that accused the nonprofit of stiffing WashU on royalty payments related to a treatment for conditions associated with kidney diseases when a Delaware federal judge ruled the suit was time-barred.
U.S. District Judge Gregory M. Sleet said in his Monday ruling that WashU's breach of contract, breach of the implied covenant of good faith and fair dealing, and breach of fiduciary duty claims had been filed 12 years too late. The university, which had jointly developed the patent at issue with...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!