by Pam
And we finally have a decision on the pending lawsuit ...
CONCLUSION
(of a 14 page Order from the Judge)
For the foregoing reasons, the motion for summary judgment by LPE and QMI (Doc. #186) and the motion for summary judgment by ILCA (Doc. #183) are GRANTED in light of my conclusion that plaintiffs Bruce Kirby and Bruce Kirby, Inc., have no standing to maintain their claims. The motion to dismiss by ILCA (Doc. #174) is DENIED as moot in light of the granting of its motion for summary judgment. The motion for summary judgment by counterclaim defendants Bruce Kirby and Bruce Kirby, Inc. (Doc. #180) as to several of the counterclaims asserted by counterclaim plaintiffs LPE and QMI is GRANTED in part (as to Counterclaims III and IV) and DENIED in part (as to Counterclaims V through IX). The motion for summary judgment by counterclaim defendant GSL (Doc. #184) against LPE and QMI is GRANTED in part (as to the claim of overpaid royalties for the Laser Radial and Laser 4.7) and DENIED in part (as to the claim of overpaid royalties for packaging).
But what does that mean ... basically, it appears the court is recognizing the sale of Bruce Kirby's intellectual property rights to Global Sailing and not recognizing the return of those rights to Bruce. So, really it's just a passing of the torch (pun intended) to Global Sailing. Global Sailing can now bring suit against Laser Performance and begin another 3 years of limbo for the Laser class.