'As Seen On TV' Seller Trims Patent Suit Over Balloon Toy

Law360, New York (November 2, 2017, 9:26 PM EDT) -- A Texas federal judge has agreed to toss a retailer's bid for certain lost profits in a suit alleging that Telebrands Corp. infringed patents covering a water balloon toy, finding that the retailer couldn’t show the kind of licensing rights necessary to back those claims.

District Judge Robert Schroeder III on Wednesday adopted Magistrate Judge John D. Love’s recommendation to grant summary judgment to Telebrands, which is known for selling "As Seen on TV" products, on lost profits claims brought by retailer ZURU Ltd. on behalf...
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