Carlsbadistan’s Callaway Golf Company thought they were doing pretty well in their patent dispute with Acushnet (the owners of Titleist). A court ruled that Acushnet had infringed on Callaway’s patent. But now all that’s changed, according to a story on Forbes.
On Friday, the U.S. Court of Appeals reversed a ruling involving a patent dispute favoring Callaway and returned the case to the U.S. District Court in Delaware for further proceedings. Callaway, which is based in Carlsbad, Calif., and Acushnet Co. have been immersed in a patent dispute over Titleist Pro V1 golf balls for several years. The court’s earlier ruling held that Acushnet ‘s product infringed on patents held by Callaway.
But the analysts aren’t worried. Stifel Nicolaus & Co. analyst Thomas D. Shaw said, “It simply means an ultimate payment to Callaway is less likely, if at all, and pushed further out.”
[Link: Forbes]
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