Jones v. Cooper Industries, Inc.

OPINION

O’NEILL, Justice.

This appeal involves a claim for breach of a patent agreement which was decided by the trial court on opposing motions for summary judgment. Marvin R. Jones (“Jones”), appellant, appeals the denial of his motion for summary judgment and the granting of summary judgment in favor of Cooper Industries, Inc. (“Cooper”), appellee. We affirm.

Background

This dispute arises out of a Patent Rights Agreement (the “PRA”), effective October 1, 1981, whereby Jones sold and assigned certain patent rights to Koomey Blowout Pre-venters, Inc. (“Koomey”). In return, Koo-mey agreed to pay…