Damages Must Have Factual Basis

Business Valuation Update BVLaw
Legal and Court Case Update
May 9, 2001

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5084 Industrial Machinery and Equipment
332216 Saw Blade and Handtool Manufacturing
intellectual property
patent infringement, economic damages & lost profits
Troy Shockley v. Arcan, Inc., et al.
No. 99-1580 (Fed. Cir. 2001)
US
Federal Court
Federal Circuit
United States Court of Appeals
Rader

Summary

The U.S. Court of Appeals for the Federal Circuit reversed an award of lost profits for Arcan’s infringement of Shockley’s patent. The Federal Circuit found that the lost profits evidence was unsubstantiated because it was based on sales Shockley assumed ...

See Also

Troy Shockley v. Arcan, Inc., et al.

Full Text of Court Cases
May 9, 2001

The U.S. Court of Appeals for the Federal Circuit reversed an award of lost profits for Arcan’s infringement of Shockley’s patent. The Federal Circuit found that the lost profits evidence was unsubstantiated because it was based on sales Shockley assumed ...