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VANDERBILT UNIVERSITY v. SCHOLASTIC, INC.

No. 3:18-cv-00046.

541 F.Supp.3d 844 (2021)

VANDERBILT UNIVERSITY, Plaintiff, v. SCHOLASTIC, INC.; Houghton Mifflin Harcourt Publishing Company; and Ted S. Hasselbring, Defendants.

United States District Court, M.D. Tennessee, Nashville Division.

Filed May 26, 2021.

Attorney(s) appearing for the Case

Ashleigh D. Karnell , Audrey Jane Anderson , Mary Leigh Pirtle , Paige Waldrop Mills , Robert E. Cooper, Jr. , Bass, Berry & Sims, Nashville, TN, John W. Harbin , Mary Katherine Bates , Meunier Carlin & Curfman, LLC, Atlanta, GA, for Plaintiff.

Caren Decter , Edward H. Rosenthal , Kimberly Maynard , Matt Woleske , Nicole Bergstrom , Viviane K. Scott , Frankfurt, Kurnit, Klein & Selz, P.C., New York, NY, Kimberly M. Ingram , Thor Y. Urness , Bradley Arant Boult Cummings LLP, Michael G. Abelow , Sherrard Roe Voight & Harbison, PLC, Nashville, TN, for Defendant Scholastic, Inc.

Aubrey B. Harwell, Jr. , Erik C. Lybeck , Thomas H. Dundon , Neal & Harwell, PLC, Nashville, TN, for Defendant Ted S. Hasselbring.

Benjamin E. Marks , David J. Lender , Pro Hac Vice, Jessica Falk , Weil, Gotshal & Manges, New York, NY, Michael G. Abelow , Sherrard Roe Voight & Harbison, PLC, Nashville, TN, Sara A. Lonks , Taylor B. Dougherty , for Defendant Houghton Mifflin Harcourt Publishing Company.

MEMORANDUM OPINION

In the hit television series, Shark Tank, investor Kevin O'Leary, a.k.a. "Mr. Wonderful," is partial to deals structured with royalties.1 Royalties are payments made over a period of time, sometimes in perpetuity...

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