US Supreme Court hears arguments on extraterritorial lost profit damages
In WesternGeco v Ion Geophysical, the Supreme Court seems prepared to overturn the Federal Circuit’s decision to limit lost profit damages abroad in the case of domestic infringement based on the presumption against extraterritoriality
The Supreme Court heard both WesternGeco’s and Ion’s arguments on April 16 in a case involving lost profit damages.
Charles Collins-Chase, partner at Finnegan, notes that “the tenor of the arguments seemed to lean towards favoring the petitioner's...
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