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Home / Verdicts & Settlements / Nuclear energy company sought royalties owed under agreement – $16,075,000 Verdict (access required)

Nuclear energy company sought royalties owed under agreement – $16,075,000 Verdict (access required)

Areva alleged that the Babcock & Wilcox Companies owed it money pursuant to a 2004 sub-license of a nuclear technology agreement. Under that agreement, B & W was supposed to pay Areva a 4 percent royalty on contracts it obtained that required the use of Areva’s technology. Areva sought the royalty on contracts in excess ...

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