Litigators of the Week: Cooley and Mayer Brown Team to Win Oculus Rift Ownership Dispute for Palmer Luckey and Facebook
A team led by Michael Rhodes at Cooley and Lauren Goldman at Mayer Brown fought off a $400 million claim at trial in an ownership dispute brought by a Hawaii partnership that hired Luckey to build a prototype of a head-mounted 3D camera around the same time he was developing the first version of the popular Rift virtual reality gaming headset.
October 22, 2021 at 07:30 AM
7 minute read
Before Palmer Luckey, the cofounder of the virtual reality gaming company Oculus, built his first prototype for the company's "Rift" headset, he did work for a two-man Hawaii partnership called Total Recall Technologies. TRT paid Luckey $798 to buy parts to build prototypes for its own head-mounted displays for a 3D 360-degree camera, promising Luckey, who was a teenager at the time, royalties from any TRT devices that might make it to market.
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