Closing arguments were made on March 29 by Washington University and the Wisconsin Alumni Research Foundation in the bench trial over the alleged breaching of a patent royalty agreement by the foundation resulting in the withholding of shared profits.
Representing Washington University, Michael A. Jacobs stated in his closing argument “By the time [WARF] initially assigned that value, it knew of the fundamental importance of and the distinction of the ‘815 patent. We have shown that the ‘815 patent in this class of patents is a standout. It’s an ‘A’ student against a bunch of ‘D’ and ‘F’ students in this bucket.”
Read more in the Law360 article “WashU, WARF Offer Closing Arguments In Patent Royalty Trial.”