Polaroid Corporation v. Eastman Kodak Company

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In the largest U.S. patent infringement case at the time, Polaroid claimed $12 billion in damages from Eastman Kodak, which it accused of infringing Polaroid’s instant camera patents.

Retained by Sullivan & Cromwell

In the largest U.S. patent infringement case at the time, Polaroid claimed $12 billion in damages from Eastman Kodak, which it accused of infringing Polaroid’s instant camera patents. Kodak retained Cornerstone Research staff in the damage phase of this dispute to manage the analysis, expert selection, document management, database creation, trial exhibits, and trial preparation. Cornerstone Research staff coordinated multiple experts who rebutted Polaroid’s claimed damages by testifying about Polaroid’s capabilities in marketing, manufacturing, and management. We called on additional experts who estimated the market demand for instant cameras, and analyzed accounting and other financial issues raised in Polaroid’s claim. Ultimately, Polaroid was awarded only a small fraction of its claim and, on the day the decision was made public, Kodak stockholders were rewarded with an increase in market capitalization that more than offset this award.