General Hospital Corp. v. Esoterix Genetic Laboratories, LLC, No. 20-2126 (1st Cir. 2021)
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The First Circuit vacated the district court's damages award and certain of its other rulings in this dispute between sophisticated parties concerning intellectual property rights, holding that the district court erred in applying the pertinent principles to the documents at issue.
Plaintiffs brought suit alleging that Defendants violated the terms of a license by failing to pay certain royalties and sublicensing fees. The district court granted partial summary judgment for Plaintiffs. The First Circuit vacated the judgment in favor of Plaintiffs as to the breach of contract claim and directed the district court to enter judgment granting Defendants' motion to dismiss that claim and vacated the judgment as to audit-and-account and reformation claims without prejudice, holding that the district court erred.
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