Apple’s claim to two Kodak patents denied by bankruptcy court

Apple won’t be able to lay claim to two patents currently owned by Kodak, according to US Bankruptcy Judge Allan Gropper. Gropper ruled that Apple had waited too long to claim ownership of two patents related to digital camera technology on Thursday (hat tip to Bloomberg ), thereby allowing Kodak’s chapter 11 bankruptcy proceeding to continue on schedule. Kodak and Apple had worked together between 1992 and 1994 to develop “certain digital camera technology,” and in December of 1994, the companies entered an agreement saying each party retained ownership of its own intellectual property. But Apple later accused Kodak of breaching that contract and thereby claimed full ownership of the 10 patents in question. A company named FlashPoint Technology then claimed it entered an agreement with Apple in 1996 that would assign any rights that Apple might have owned to FlashPoint instead.

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Apple’s claim to two Kodak patents denied by bankruptcy court

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Friday, August 3rd, 2012 Net News

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