Shawn Dodson
Member
- Joined
- Dec 28, 2002
- Messages
- 3,233
I just became aware of this recent development:
"U.S. Federal Court of Claims Judge Charles F. Lettow filed a decision Dec. 19 in which he found the federal government had infringed on Liberty's patent for its copper-core, steel-tipped ammunition. Lettow ordered the government to pay two levels of damages, the first being a $15.6 million lump payment. The government was also ordered to pay a 1.4-cent royalty on every bullet it purchases and receives for use. It will make those payments until Liberty's patent expires in 2027."
Read more here: http://www.bradenton.com/2015/01/11/5574467_bradenton-ammunition-maker-wins.html?rh=1#storylink=cpy
"U.S. Federal Court of Claims Judge Charles F. Lettow filed a decision Dec. 19 in which he found the federal government had infringed on Liberty's patent for its copper-core, steel-tipped ammunition. Lettow ordered the government to pay two levels of damages, the first being a $15.6 million lump payment. The government was also ordered to pay a 1.4-cent royalty on every bullet it purchases and receives for use. It will make those payments until Liberty's patent expires in 2027."
Read more here: http://www.bradenton.com/2015/01/11/5574467_bradenton-ammunition-maker-wins.html?rh=1#storylink=cpy