Aptix Corporation v. Quickturn Design Systems, Inc.
United States Court of Appeals for the Federal Circuit
148 Fed. Appx. 924 (2005)
Dr. Mohsen created Aptix Corporation (Aptix) (defendant). Mohsen, who was chief executive officer, chairman, and majority shareholder of the company, had made $2 million in unsecured loans to Aptix. Quickturn Design Systems, Inc. (Quickturn) (plaintiff) sued Aptix for patent infringement. Before the judgment of $4.2 million was entered for Quickturn, Mohsen made a secured loan of $9.7 million. Aptix claimed that it was unable to get loans from anyone else, and Mohsen argued that the loans were necessary for Aptix to continue operation. The district court concluded that the security interest granted to Mohsen was a fraudulent transfer under California law. Cal. Civ. Code § 3439.04(a). Mohsen appealed to the United States Court of Appeals for the Federal Circuit.
Rule of Law
Holding and Reasoning (Gajarsa, J.)
Dissent (Newman, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 168,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 13,800 briefs, keyed to 187 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.