What's this? This is an unbiased just-the-facts news summary about Marvel, U.S. Supreme Court, extracted from the original article by Newslines' contributors. To see the newsline of each topic, click the links below. Learn more

MarvelU.S. Supreme CourtJudgement

Spider-Man Toy precedent upheld

Jun 2015

In a 6-3 decision, justices decline to overrule a 50-year-old decision on patent royalties. Stephen Kimble invented a web-shooting toy and obtained a patent on the device in 1991.  He sued Marvel Enterprises in 1997, alleging the company used his ideas to create a toy named the Web Blaster without paying him. The two sides settled in 2001, agreeing on terms that included Marvel paying a running 3% royalty rate on sales of the toy.  When the patent expired, Marvel asserted that its obligations to pay would end. Lower courts agreed, as did the Supreme Court, saying  in a 6-3 decision that Kimble hadn’t presented the court with a compelling “special justification” for abandoning the principle of stare decisis, or sticking with past precedent. Kagan:

What we can decide, we can undecide. But stare decisis teaches that we should exercise that authority sparingly.

View the full newsline: MarvelU.S. Supreme Court

Add your comments below...