Phillips Petroleum Co. v. United States Steel Corp.

OPINION

MURRAY M. SCHWARTZ, District Judge.

Plaintiff El Paso Products Company (“El Paso”) initiated a declaratory judgment action against Phillips Petroleum Company (“Phillips”) challenging the validity of a Phillips patent. After accepting a license, El Paso moved to “Retain Royalties Pendente Lite.” The motion requests this Court to issue an order determining that:(a) All royalty payments due Phillips Petroleum Company (“Phillips”) pursuant to the License Agreement under the ’851 patent entered into between defendant Phillips and El Paso may be retained in escrow by El Paso pendente lite;(b)…