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STENOGRAPH CORP. v. FULKERSON

Nos. 91-2525, 91-2613, 91-2654 and 91-2730.

972 F.2d 726 (1992)

STENOGRAPH CORPORATION, Plaintiff-Appellant, Cross-Appellee, v. Bennie C. FULKERSON and Michael A. Smith, Defendants-Appellees, Cross-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided July 23, 1992.

As Amended on Denial of Rehearing September 16, 1992.

Attorney(s) appearing for the Case

James B. Blanchard (argued), Leif R. Sigmond, Jr., Steven P. Shurtz, Willian, Brinks, Olds, Hofer, Gilson & Lione, Chicago, Ill., for plaintiff-appellant.

Eric A. Oesterle, Gerald E. Fradin, Sonnenschein, Nath & Rosenthal, Chicago, Ill., Charles N. Branton, Slidell, La. (argued), for defendants-appellees.

Before CUDAHY and COFFEY, Circuit Judges, and WOOD, Jr., Senior Circuit Judge.

CUDAHY, Circuit Judge.

Bennie C. Fulkerson and Michael A. Smith, citizens of Louisiana, jointly owned a patent on an electric stenograph machine. Stenograph Corporation, a Delaware corporation headquartered in Illinois, owned a patent covering various features of a similar device. The parties entered into an agreement in 1982 that settled a variety of legal disputes. The settlement was quite satisfactory for several years, until an unexpected event occurred that rendered...

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