Court rules that “lost foreign profits” may be available

The U.S. Supreme Court rules in WesternGeco LLC v. ION GeoPhysical Corp. that 35 U.S.C. § 284 allows patent owners to damages that “can include lost foreign profits when the patent owner proves infringement under §271(f)(2).” Justice Thomas clearly answers the question whether these statues allow a patent owner to recover for lost foreign profits – “We hold that they do.”