Phillips Screw Co. v. Amtel, Inc.

FINDINGS, RULINGS AND ORDER FOR JUDGMENT. SKINNER, District Judge.

In this action, plaintiff seeks a declaratory judgment that it is not liable for further royalty payments under a patent license agreement and recovery of alleged overpayments made under a mistake .of law. Defendant has counterclaimed for unpaid patent royalties and for an accounting of alleged trademark royalties which it claims are due under the same agreement.

FINDINGS OF FACT

Plaintiff is engaged in research and design of metal fastenings. It does not manufacture, but licenses its inventions to manufacturers. Its principal…