Cardiovascular Systems, Inc. v. Cardio Flow, Inc.
June 17, 2022
Cardiovascular Systems, Inc. (“CSI”) brought this action against Cardio Flow, Inc. (“Cardio Flow”), alleging the breach of a settlement agreement that resolved ownership of intellectual property rights related to atherectomy devices. Cardio Flow was not a named party to the settlement, however, and moved for summary judgment on that basis. In response, CSI asserted that principles of equitable estoppel and agency bound Cardio Flow to abide by the agreement. The district court rejected CSI’s arguments and dismissed its claims. We affirm.
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