SCOTUS GRANTS THE LOSS OF OVERSEAS PROFITS TO BE INCLUDED IN DAMAGES IN WESTERN GECO V. ION GEOPHYSICAL

In a SCOTUS decision on June 22, 2018, the Court granted the loss of overseas profits to be included in the damages in the case of WesternGeco LLC v. Ion Geophysical Corporation.

The Supreme Court, in a 7 – 2 decision, held that the loss of foreign profits that resulted from the infringing export from the United States of a component exclusively made for use in a patented invention with the intention that the component be incorporated into the patented invention outside the United States, could be included in the damages award.

To read more about this decision, please see the full article by John Richards in our Education Center.