Companies Mentioned

Mars Electronics International, Inc.

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Summaries
Patent Law >
New Judicial Opinions

Federal Circuit Denies Mars' Appeal to Recover Lost Profits from Coin Acceptors, But Affirms Award of 7% Royalty Rate
The patents-in-suit referred to technology used in vending machines to authenticate coins. Plaintiff-appellant Mars, Inc. (“Mars”) was a candy company. Mars’s former subsidiary—Mars Electronics International, Inc. (“MEI”) — was engaged in the manufacture and sale of vending machine coin changers with the ability to recognize and authenticate coins electronically. Mars…
Date of ruling:
06/2/2008