Dreamlite Holdings Ltd. v. Kraser

705 F. Supp. 98, 9 U.S.P.Q. 2d (BNA) 1401, 1988 U.S. Dist. LEXIS 15541, 1988 WL 147316
CourtDistrict Court, E.D. New York
DecidedOctober 14, 1988
Docket88 C 2957
StatusPublished
Cited by3 cases

This text of 705 F. Supp. 98 (Dreamlite Holdings Ltd. v. Kraser) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Dreamlite Holdings Ltd. v. Kraser, 705 F. Supp. 98, 9 U.S.P.Q. 2d (BNA) 1401, 1988 U.S. Dist. LEXIS 15541, 1988 WL 147316 (E.D.N.Y. 1988).

Opinion

NICKERSON, District Judge.

Plaintiff brought this action asserting claims under the Patent Act, 35 U.S.C. § 1 et seq. (1982), and pendent common law claims. The complaint alleges that Gary S. Eraser (Eraser) has infringed or is about to infringe United States Patent No. 4,522,-583 (the Patent), to which plaintiff Dream-lite Holdings Ltd. (Dreamlite) has exclusive rights. The claims of the Patent cover a pocket cigarette lighter in the shape of a miniature automobile.

Plaintiffs moved by order to show cause for a preliminary injunction prohibiting defendants from making, using, or selling any product falling within the claims of the Patent or licensing the Patent to anyone other than plaintiffs.

Eraser holds the Patent, issued June 11, 1985, and corresponding patents or applications for patent filed in several other countries. Early in 1986, he discussed with Paul Adams (Adams) his desire to find a financial backer to help him develop and manufacture the patented lighters. Adams introduced the plan to Lawson. The three of them agreed to form a corporation to carry out Eraser’s scheme.

Adams, Eraser, and Lawson formed Dre-amlite under the laws of the Island of Jersey about January 9, 1987. Lawson, Adams, and Koritza Investment Ltd. (Kor-itza), a corporation controlled by Lawson, *100 are its sole financial backers. Because of his knowledge of the cigarette lighter business, Eraser served as manager of day-today operations. He was in charge of coordinating development and production of the lighters.

The parties’ relationship was formalized on June 4, 1987, with the execution of a Shareholders Agreement and an Exclusive License Agreement.

The Shareholders Agreement provides that Eraser would receive 30 of the 100 shares in Dreamlite in exchange for granting Dreamlite an exclusive license to the invention covered by the claims of the Patent. Eoritza would receive 60 shares in exchange for advancing up to $370,000 to Dreamlite, repayable upon formal written demand after Dreamlite’s first financial year. Adams, who had already advanced some money, would receive ten shares.

These shares were not physically delivered to any of the parties. Instead, they were given to a nominee in trust, apparently a common practice in the Island of Jersey to preserve shareholder anonymity. Eraser’s shares were delivered to Yolaw Trust and Corporate Services Ltd. (Volaw) on January 20, 1987. Although Eraser seems never to have been formally notified of the Trust arrangement as required by paragraph 10 of the Exclusive License Agreement, Dreamlite’s and Adam’s solicitors discussed the arrangement with Eraser’s attorney, who raised no objection to it. The trust instrument gives Eraser full control over the voting and other powers attached to the shares.

The Exclusive License Agreement grants Dreamlite “the sole and exclusive, irrevocable, worldwide right and licence (sic) to make, have made, use and sell the invention covered by the claims of the Patent” in exchange for 30 shares of Dreamlite stock. The Agreement also gives Dreamlite “the exclusive right to defend and enforce the Patent and to prevent infringement of the Patent.”

In accordance with these agreements, Eraser negotiated with various third parties for the manufacture of the lighters. Now, however, Eraser claims that these negotiations were on his own behalf. Through defendant Supercar Ltd. (Super-car), a corporation controlled by him, he entered into a licensing agreement with Hirota on March 18, 1988. Plaintiffs fear that he will soon enter into similar agreements with the other companies with which he has dealt on behalf of Dreamlite. Those companies have negotiated exclusively with Eraser and now refuse to deal with other Dreamlite principals.

Eraser spent the $370,000 advanced to Dreamlite without providing an accounting for the funds. In December 1987, he requested more money. Lawson advanced him an additional $60,000 or so in exchange for ten of Eraser’s Dreamlite shares. Eraser has still given no accounting for the funds.

The other Dreamlite shareholders became increasingly frustrated with Eraser’s refusal either to account for their money or to produce manufacturing and distribution arrangements for the lighter. In April 1988, Lawson became actively involved in the management of Dreamlite. On May 2, 1988, Eraser’s attorney informed Dream-lite’s solicitors that Eraser regarded the Exclusive License Agreement as a mere “offer” to license. Since Dreamlite failed to “accept” this offer by delivering 30 shares of Dreamlite stock to Eraser, Eraser considered the offer to have lapsed. Prior to this letter, Eraser had never requested physical delivery of the shares. On June 10, 1988, Lawson replaced Eraser as manager, and Eraser was stripped of authority to represent Dreamlite in any capacity.

On July 6, 1988, Eraser’s counsel informed plaintiffs that Eraser had transferred his rights under the Patent to Supercar in violation of the Exclusive License Agreement and the Shareholders Agreement. Pursuant to Supercar’s agreement with Hi-rota, 15,000 lighters are on order for delivery into the United States during the Christmas retailing season.

DISCUSSION

To obtain a preliminary injunction, plaintiffs must show a reasonable likelihood of *101 success on the merits and irreparable harm if an injunction does not issue. H.H. Robertson, Co. v. United Steel Deck, Inc., 820 F.2d 884, 387 (Fed.Cir.1987). To demonstrate a reasonable likelihood of success on the merits, plaintiffs must make a strong showing that they have title to the Patent, that the Patent is valid, and that defendants have infringed it. Additionally, the court must weigh the possibility of harm to other interested parties and the public interest. Id.

Defendants deny the existence of any sort of licensing arrangement between Eraser and Dreamlite. They claim that the parties had a simple debtor-creditor relationship: Dreamlite lent Eraser approximately $430,000, which Eraser will repay. The Shareholders Agreement is no longer in effect, they claim, because plaintiffs delivered the shares to a trustee instead of to Eraser personally, thereby breaching the contract.

Defendants go even farther in refuting the Exclusive License Agreement: They contend that it was simply an “offer” to license that plaintiffs never accepted by delivering the shares. They speculate that the shares must not have been delivered to a trustee on January 20, 1987, because if they had been, the June 4, 1987 Exclusive License Agreement would not have referred to their future delivery. In addition, they argue that there was no “meeting of the minds” as to the license because a supplemental agreement regarding profit-sharing, referred to by Eraser’s lawyer in a letter dated June 4, 1987, was never executed.

These arguments are unpersuasive. There has been no showing that the Dre-amlite shares were not delivered to Volaw on January 20, 1987. Defendants’ speculations as to what the Exclusive License Agreement would have said if they had been delivered are not evidence. The trust instrument grants Eraser full beneficial ownership of the shares.

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394 F. Supp. 2d 1270 (S.D. California, 2005)
Dreamlite Holdings Ltd. v. Kraser
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890 F.2d 1147 (Federal Circuit, 1989)

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705 F. Supp. 98, 9 U.S.P.Q. 2d (BNA) 1401, 1988 U.S. Dist. LEXIS 15541, 1988 WL 147316, Counsel Stack Legal Research, https://law.counselstack.com/opinion/dreamlite-holdings-ltd-v-kraser-nyed-1988.