The U.S. Court of Appeals for the Federal Circuit has ruled that a defendant’s successor companies are liable for an $8 million default judgment.

Wednesday’s panel ruling in Funai Electric Co. Ltd. v. Daewoo Electronics Corp. reversed a February 2009 ruling of the Northern District of California that two Daewoo entities were not liable for an $8,066,112 default judgment in a patent infringement case against its two predecessor companies.

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