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CARDING SPECIALISTS, ETC. v. GUNTER & COOKE, INC.

No. 7614SC681.

232 S.E.2d 715 (1977)

32 N.C. App. 485

CARDING SPECIALISTS (CANADA) LIMITED and Crosrol, Inc. v. GUNTER & COOKE, INC.

Court of Appeals of North Carolina.

March 2, 1977.

Attorney(s) appearing for the Case

Smith, Moore, Smith, Schell & Hunter, by Beverly C. Moore and H. Miles Foy, Greensboro, for plaintiffs-appellees.

Nye, Mitchell & Bugg, by R. Roy Mitchell, Jr., and John E. Bugg, Durham, for defendant-appellant.

VAUGHN, Judge.

In addition to the settlement agreement wherein defendant agreed to pay damages for patent infringement, the parties also entered into another agreement wherein defendant was granted a license to manufacture equipment supposedly covered by plaintiffs' patent and wherein defendant was to pay royalties for goods manufactured and sold under that license. Defendant contends that plaintiffs' threat to terminate...

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