Oldnar Corp. v. Sanyo North America — Split Sixth Circuit Affirms $1 Nominal Damages for Touchscreen IP Misuse
In a 2-1 decision, the Sixth Circuit affirmed only $1 in nominal damages for Sanyo’s admitted misuse of Oldnar’s touchscreen know-how under a joint development agreement, holding that the plaintiff’s sole royalty-based damages theory was legally inapplicable.