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:
“Whoever, therefore, eats the bread or drinks the cup of the Lord in an unworthy manner will be answerable for the body and blood of the Lord. Examine yourselves, and only then eat of the bread and drink of the cup. For all who eat and drink without discerning the body, eat and drink judgment against themselves.”
—Bible: New Testament, 1 Corinthians 11:27-29.
“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)
“Once you’ve been launched into parenthood, you’ll need all your best skills, self-control, good judgment and patience. But at the same time there is nothing like the thrill and exhilaration that come from watching that bright, cheerful, inquisitive, creative, eccentric and even goofy child you have raised flourish and shine. That’s what keeps you going, and what, in the end, makes it all worthwhile.”
—Lawrence Balter (20th century)