Supreme Court Rules on WesternGeco LLC v. Ion Geophysical Corp.

July 10, 2018 - from WesternGeco LLC v. Ion Geophysical Corp.

The Supreme Court ruled on June 22, 2018 that section 284 of the Patent Act allows plaintiff WesternGeco LLC to recover damages for lost foreign profits. A jury had awarded WesternGeco $93.4 million in damages after finding that competitor ION Geophysical Corp. had manufactured in the U.S. but shipped, assembled, and sold internationally a product which infringed WesternGeco’s patents for a marine seismic survey system, which included a computer system for tracking the position of surveying components.

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