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Home THE CLOSER IT GETS, THE FARTHER IT BECOMES:

Resolution in the ongoing litigation case between the Acushnet Company (Titleist/FootJoy/Cobra Golf) and Callaway Golf (ELY: NYSE) over patents used by Titleist in its ProV1 golf balls has taken an interesting twist. A federal appeals court threw out a 2007 jury verdict, which had sided with Callaway on Friday. In turn it has ordered a new trial with regard to the dispute. The appeals court also lifted a ban on sales of its Titleist Pro V1 golf balls, which has had little impact in the real word of retail. Acushnet had “raised a genuine question of material fact” on the validity of the patents and will get a new trial on the issue, the U.S. Court of Appeals for the Federal Circuit in Washington ruled.
“The Court of Appeals decided for us on critical issues that enhance our confidence that we will ultimately prevail in this case.