TBA Law Blog


Posted by: Stacey Shrader Joslin on Dec 30, 2014

The U.S. Supreme Court on Friday agreed to decide whether to overturn precedent that bars the inventor of Spider-Man toys from collecting contracted royalties after his patent expired. The suit, brought on behalf of inventor Stephen Kimble, argues that a 1964 Supreme Court case bars willing parties from agreeing to amortize patent royalties over a longer time period than allowed by the patent. The ABA Journal looks at the issue.