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Court: Tucson man no longer entitled to royalties for Spider-Man toy

A federal appeals court ruled Tuesday that Marvel Enterprises Inc. no longer has to pay royalties to the Tucson inventor of a Spider-Man web-shooter, after the patent on the toy expired. A reluctant panel of the 9th U.S. Circuit Court of Appeals upheld a lower court‘s ruling against Stephen Kimble in a published opinion.
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Jul 17, 2013, 4:36 pm
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I am not a lawyer, especially not a patent lawyer. But, it was always my understanding that a patent holder may renew his patent. If that weren’t so, then would each and every item design ever just become public domain after 17 years or whatever it is now?

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