UK Court Stuns IP World By Siding With Inventors

Law360, New York (February 12, 2009, 12:00 AM EST) -- In a landmark decision, the Patents Court of London has ruled in favor of two former General Electric Healthcare employees who invented a diagnostic tool for detecting heart defects, awarding them £1.5 million and finding that they met the formidable criteria set by the U.K. Patents Act 1977 for succeeding on inventor claims.

On Thursday, Justice Floyd sided with plaintiffs Dr. Duncan Kelly and Dr. Ray Chiu, ordering GE Healthcare to pay the two former employees a lump sum for helping to create the tool Myoview,...
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.