Licensing Doesn't Outlive Patents
Copyfight 2015-07-01
Summary:
In a decision generally known as Kimble v Marvel the US Supreme Court has weighed in on the question of whether the rights assigned via a license can outlive the patent that spawned those rights. Previously, the Court had held that an inventor couldn't continue to collect royalties on sales after patent expiration and now the Court has ruled that this doctrine also applies to sales made by someone who licensed a patent, even if that license agreement contained no specific end date.