Federal Circuit Rejects Review of Ruling Clarifying Foreign Damages in Patent Cases

The full Federal Circuit declined on Monday to review a decision that clarified the application of a 2018 U.S. Supreme Court ruling on foreign damages in patent cases. This decision also rejected Trading Technologies’ bid to increase a $6.6 million verdict it won against IBG LLC. The clarification stems from the need to understand how foreign damages are treated under U.S. patent law, a matter that has significant implications for multinational corporations involved in patent litigation. Further details on this developing story can be found in the report by Law360.