Popcorn Equipment Co. v. Page

Appeal from judgment confirming arbitration award.

Under contracts entered into in December, 1945, and February, 1946, appellants granted to respondent an exclusive license throughout the world excepting Canada to manufacture and sell popcorn machinery and equipment. Disagreements arose between the parties concerning the interpretation of the contracts and respondent asserted that appellants had violated the agreements by mating sales of licensed items without respondent’s knowledge. By a contract entered into in January, 1947, the parties agreed that if they could not arrive at an adjustment…