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:
“I hold the value of life is to improve ones condition. Whatever is calculated to advance the condition of the honest, struggling laboring man, so far as my judgment will enable me to judge of a correct thing, I am for that thing.”
—Abraham Lincoln (18091865)
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—H.L. (Henry Lewis)