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In a Nov 26, 2018 order, the US District Court for the District of Delaware ordered the Wisconsin Alumni Research Fund (WARF) to pay The Washington University-St. Louis (Wash. U.) $31.6 million for breach of contract (The Washington University v. Wisconsin Alumni Research Foundation, Civ. No. 13-209...

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Bibliographic Details
Published in:The Licensing journal 2019-03, Vol.39 (3), p.10-11
Main Author: Mason, J Derek
Format: Magazinearticle
Language:English
Subjects:
Agreements
Breach of contract
Contract negotiations
Enforcement
Federal court decisions
Intellectual property
Kidney diseases
Licenses
Licensing
Mason, Derek
Nonprofit organizations
State court decisions
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Summary:In a Nov 26, 2018 order, the US District Court for the District of Delaware ordered the Wisconsin Alumni Research Fund (WARF) to pay The Washington University-St. Louis (Wash. U.) $31.6 million for breach of contract (The Washington University v. Wisconsin Alumni Research Foundation, Civ. No. 13-2091- JFB). The case originated when Wash. U. filed suit against WARF for breach of contract, breach of fiduciary duty, breach of the implied covenant of good faith and fair dealing, and equitable accounting, relating to a 1995 agreement between the parties entitled "Inter-Institutional Agreement for Prevention of Hyperphosphatemia in Kidney Disorder Patients" (the "IIA"), and particularly relating to the drug paracalcitol.
ISSN:1040-4023