Executive Summary1 min read
Key Takeaways
- Arctic Cat successfully monetized its patent both by licensing it to Honda and by winning litigation against BRP, maker of the infringing Sea-Doo personal watercraft.
- The case demonstrates how a patent owner can overcome an obviousness challenge to keep a patent enforceable.
- It highlights the importance of marking your products with your patent number as part of a successful enforcement strategy.
- Arctic Cat was able to secure an ongoing royalty from the infringer as part of the outcome.
- The case also resulted in treble damages being awarded against the infringer.
The Bottom Line: Arctic Cat’s litigation against the maker of Sea-Doo shows that combining a defensible patent, proper product marking, and smart litigation strategy can lead to licensing deals, ongoing royalties, and even treble damages against an infringer.
Summary: In this episode of the litigation quality PatentCast Craige explains how Arctic Cat successfully enforced and monetized its patent with a patent license to Honda and in litigation against BRP, the maker of and infringing “Sea-Doo” personal watercraft.
This case has 4 great business lessons involving how to:
1) Overcome obviousness
2) Mark your products with your patent number
3) Get an on-going royalty and
4) Treble damages from the infringer!
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