January 28, 2008
Daiichi Sankyo sued Apotex for infringing 5,401,741, which was found obvious on appeal. In securing a temporary injunction at the outset of litigation, Daiichi had posted a $5 million security deposit. New Jersey district court judge Susan Wigenton last week awarded the deposit to Apotex, "to recover damages for wrongful injunction." Daiichi gets to keep the interest paid on the deposit.
Posted by Patent Hawk at January 28, 2008 1:00 PM | Damages
That is deeply troubling.
Posted by: Foxfire at January 28, 2008 1:51 PM