Arrow Communication Laboratories, Inc. v. Pico Products, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment unanimously modified on the law and as modified affirmed without costs in accordance with the following Memorandum: In 1984 defendant Pico Products, Inc. (defendant), holder of a United States patent for "encoder” and "decoder” devices for a television security system, granted plaintiff a license to manufacture and sell the devices. In 1988 the parties entered into a revised license agreement (the license agreement). Paragraph 4 (d) of the license agreement provides the method for calculating the royalties to be paid to defendant. Construing paragraph 4 (d) as establishing a time…
2Cases cited7 opinions
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- Mitchell v. New York HospitalNew York Court of Appeals · 1984
- Telaro v. TelaroNew York Court of Appeals · 1969
- Leon v. LukashAppellate Division of the Supreme Court of the State of New York · 1986
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