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Polaroid, whose founder Edwin Land introduced instant photography in 1947, had asked for $12 billion in damages. But Kodak offered to pay only $177 million. Industry experts, who predicted a settlement of $1 billion to $2 billion, think Polaroid will appeal the decision and seek higher damages. Says Brenda Landry, an analyst for Morgan Stanley: "In terms of the amount of sales and patents involved, it doesn't seem very big." Many experts viewed the ruling as a modest victory for Kodak, which might have been forced to sell off assets if the award had exceeded $1 billion...

Author: /time Magazine | Title: PATENTS: Snap Decision, 14 Years Later | 10/22/1990 | See Source »

Senior Correspondents: David Aikman, Sandra Burton, Mary Cronin, Hays Gorey, Lee Griggs, William McWhirter, J. Madeleine Nash, Edwin M. Reingold, Bruce van Voorst, James Wilde...

Author: /time Magazine | Title: Time Magazine Masthead: Oct. 22, 1990 | 10/22/1990 | See Source »

Colleagues, relatives and friends of the late Edwin O. Reischauer gathered for a service at Memorial Church yesterday to honor the scholar for his personal and professional contribution to the study of Japan...

Author: By Seth S. Harkness, | Title: Services Held for Professor | 10/20/1990 | See Source »

This is a dialogue frequently clouded by "simplifiers" and "cultural chauvinists," Schwartz continued, and "in this cacophony the voice of Edwin Reischauer will be sorely missed...

Author: By Seth S. Harkness, | Title: Services Held for Professor | 10/20/1990 | See Source »

Senior Correspondents: David Aikman, Sandra Burton, Mary Cronin, Hays Gorey, Lee Griggs, William McWhirter, J. Madeleine Nash, Edwin M. Reingold, Bruce van Voorst, James Wilde...

Author: /time Magazine | Title: Time Magazine Masthead: Oct. 15, 1990 | 10/15/1990 | See Source »

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