Arachnid, Inc., Plaintiff/cross-Appellant v. Merit Industries, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that “will be assigned” does not create “a present assignment of an expectant interest”
• holding that “shall be the property of [Arachnid], and all rights thereto will be assigned by IDEA . . . to [Arachnid]” was not a present assignment
• ruling that a “provision that all rights to inventions developed during [a specified] period ‘will be assigned’ . . . does not rise to the level of a present assignment of an existing invention”
• noting that the owner of equitable title may seek redress in a court of equity such as rescission of title transfer but cannot bring an action at law for infringement damages
• noting that the owner of equitable title may seek redress in a court of equity such as rescission of title transfer but cannot bring an action at law for infringement damages
• distinguishing between present assignment of expectant interest in future invention and mere promise to assign rights in future invention

Source: CourtListener parenthetical corpus (CC0).