$69
Breach of Contract
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Case Details
Fifth Circuit Court of Appeals affirmed a $69 Million final judgment in favor of JPMorgan Chase Bank, N.A. against DataTreasury Corp. for breach of a patent licensing agreement.
Additional Notes
Trial court judgment in favor of JPMorgan for $69 Million was affirmed on appeal. Case involved DataTreasury licensing patents to another entity for a lower fee, breaching a 'most favored nations clause' with JPMorgan.