Richards v. Liquid Controls Corp.

Mr. PRESIDING JUSTICE SEIDENFELD

delivered the opinion of the court:

George B. Richards (hereinafter Richards) sought a declaratory judgment to interpret the deferred payment provision of a written contract under which he had assigned his patents pertaining to positive displacement meters, air eliminators, valves and proportioned 1 to Liquid Controls Corporation (hereinafter Liquid Controls). The trial judge entered a judgment for Richards in the amount of $276,706.36 and interest, from which Liquid Controls appeals. 73-117.

Richards also filed an action seeking a return of the patents on the…