Insurance only protects against events that are contingent orunknown at the time the policy is acquired. A Mississippi farmernamed Mitchell Scruggs learned this lesson the hard way, afterseveral years in court in multiple cases.
Monsanto Co. develops, manufactures, licenses and sellsagricultural biotechnology and products, including geneticallymodified seeds.
Because Scruggs had replanted its seeds, Monsanto filed suitagainst him in the U.S. District Court for the Northern District ofMississippi on Sept. 7, 2000. It alleged that Scruggs “knowingly,intentionally and willfully planted unlicensed seed withoutauthorization from Monsanto and used such seed in violation ofMonsanto's patent rights.”
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