Judgment
On May 21, 2004, the Supreme Court ruled 5-4 in favor of Monsanto. Schmeiser won a partial victory, where the court held that he did not have to pay Monsanto his profits from his 1998 crop, since the presence of the gene in his crops had not afforded him any advantage and he had made no profits on the crop that were attributable to the invention. The amount of profits at stake was relatively small, C$19,832, however by not having to pay damages, Schmeiser was also saved from having to pay Monsanto's legal bills, which amounted to several hundred thousand dollars and exceeded his own.
Read more about this topic: Monsanto Canada Inc. V. Schmeiser
Famous quotes containing the word judgment:
“The objects of a financier are, then, to secure an ample revenue; to impose it with judgment and equality; to employ it economically; and, when necessity obliges him to make use of credit, to secure its foundations in that instance, and for ever, by the clearness and candour of his proceedings, the exactness of his calculations, and the solidity of his funds.”
—Edmund Burke (1729–1797)
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“In my state, on the basis of the separate but equal doctrine, we have made enormous strides over the years in the education of both races. Personally, I think it would have been sounder judgment to allow that progress to continue through the process of natural evolution. However, there is no point crying about spilt milk.”
—Lyndon Baines Johnson (1908–1973)