Spectramed, Inc. v. Gould Inc.

Spectramed Inc. (Spectramed) purchased the assets of a medical products business owned by Gould Inc. (Gould) including certain patents owned by Gould. Two patent infringement claims involving Gould products were made against Spectramed and it filed a declaratory action against Gould seeking recovery of litigation and settlement losses in defending these claims. Spectramed appeals the circuit court’s grant of summary judgment in favor of Gould and presents as issues whether: Spectramed was entitled to summary judgment since Gould was responsible for defending and paying the infringement claims…