Inventor Tells Fla. Jury He's Owed $89M In Licensing Dispute
Law360, Miami (June 30, 2017, 9:57 PM EDT) -- An Italian inventor suing over an $89 million licensing agreement for an energy catalyzer patent opened trial Friday in Miami, telling jurors that the licensees had repeatedly touted the technology and said it had "potential to change the world" before reneging on the agreement.
Brian Chaiken of Annesser & Chaiken PLLC, who represents Italian inventor Andrea Rossi, told the jury that Rossi and his Leonardo Corp. are owed $89 million from licensees Cherokee Investment Partners LLC and related entity Industrial Heat LLC, which boasted about acquiring the technology for a low-energy nuclear reactor called the E-Cat through a 2012 agreement, but...
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