If the filing date of this patent is on Jun 14, 1994, the patent should have expired on June 14, 2014. Is this right? Also, what is the significance of knowing the assignment of this EXPIRED patent on 2016 if the patent has already expired? Please help. Thank you.
Since this patent was filed prior to June 8th, 1995, the term of the patent was 17 years from the date of ISSUANCE, not filing date. Thus if it went through a long examination period, which was common back then (prosecution periods of five or more years were not uncommon), the patent could still be in effect and enforceable. Also, any continuation patent applications would still have that early filing date and the term would be 17 years from the date of ISSUANCE for continuing patent applications. It was common strategy back then to keep continuation applications pending for years after issuance of the parent application. This enabled clever owners to keep amending and prosecuting patent claims in pending applications to cover the attempts of competitors to design around the original patent. This was referred to as "submarine patent applications", that were not published and kept secret from the marketplace, then emerging once a competitor had designed around the original patent. That is one of the major reasons why the patent terms were changed to be 20 years from date of FILING, not issuance and why patent applications are normally published now.
This Wikipedia page provides a good review of patent terms. Essentially in the US, the term is 20 years from the priority date for patents filed on or after June 8th, 1995 or the longer of 20 years from the priority date or 17 years from the grant date for patents filed before June 8th, 1995. Once the patent has expired, you shouldn't need a license so the assignee is irrelevant. This doesn't mean you shouldn't make sure there aren't other relevant patents still in force.