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Royalties, fees awarded to patent owner vacated (access required)

Pay obligations erased by broad release of claims

The 1st U.S. Circuit Court of Appeals has held that a patent licensee’s unpaid royalty and sublicensing fee obligations were extinguished by a release the patent holder gave in exchange for a cut of the licensee’s settlement money from litigation with a sublicensee. Defendant Esoterix Genetic Laboratories held a license to use and sell products and ...