Court Opinion

ID: 9487277
Source: CourtListenerOpinion
Date Created: 2023-08-05 12:12:16.546623+00
Date Added: 2024-06-11T17:52:10.655452
License: Public Domain

REAVLEY, Circuit Judge,
dissenting:
Our problem is that the arbitral award does not provide the answer to present circumstances, nor may it be reasonably construed to do so. Neither the original licensing agreements nor the arbitral award provided for Valentine to pay a royalty if the machine should be sold and Valentine cease to produce resin. Presumably, Donau is entitled to some additional compensation to replace the royalty, or Donau may perhaps claim some intellectual property right in the machine itself. But how can we promote an order for Valentine to pay royalty for resin produced by a third party and sold to other parties? This dispute should be referred for further arbitration.