In this patent infringement action, the parties reported that they had settled their dispute while it was pending before the Federal Circuit. The settlement was contingent upon the district court’s granting an indicative motion that it would vacate the underlying judgment.
The district court began its analysis by noting that “Federal Rule of Civil Procedure 60(b) grants district courts the authority to relieve a party from a final judgment when ‘applying [the judgment] prospectively is no longer equitable’ or for ‘any other reason that justifies relief.’ Fed. R. Civ. P. 60(b)(5), (6). Rule 60(b) ‘vests power in courts adequate to enable them to vacate judgments whenever such action is appropriate to accomplish justice.’ Klapprott v. United States, 335 U.S. 601, 614-15 (1949). Whether to grant a Rule 60(b) motion ‘lies within the sound discretion of the district court.’ Neuberg v. Michael Reese Hosp. Found., 123 F.3d 951, 955 (7th Cir. 1997).”
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