Re: Reasonable royalties....opty......
in response to
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posted on
Sep 28, 2013 01:51PM
The Patent Statute (Title 35 of the United States Code) governs the award of damages in patent cases. The relevant portion of the Patent Statute provides in Section 284:
Upon finding for the claimant [patent holder] the court shall award the claimant damages adequate to compensate for the infringement, but in no event less than a reasonable royalty for the use made of the invention by the infringer, together with interest and costs as fixed by the court.
When the damages are not found by a jury, the court shall assess them. In either event the court may increase the damages up to three times the amount found or assessed
The court may receive expert testimony as an aid to the determination of damages or of what royalty would be reasonable under the circumstances.