Korean University’s Contract Claims Over IP Suit Dismissed In Favor Of Arbitration

Mealey's (October 18, 2022, 4:33 PM EDT) -- MILWAUKEE — Two of the three contracts defining the relationship between a Korean university and various companies regarding the university’s intellectual property had valid arbitration agreements, and the third triggered common-law forum non conveniens factors, a Wisconsin federal magistrate judge found in dismissing the university’s breach of contract claims brought after one of the companies failed to notify the university that award money from litigation regarding one of its technology patents, funded by a separate company, was placed in a Wisconsin bank account at the order of an arbitrator....