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12/27/05
Remy International, Inc., and Machinery Components, Inc. (MCI) today announced the settlement of a lawsuit in the U.S. District Court for the Southern District of Indiana in Indianapolis. Remy is the owner of two U.S. Patents for automotive alternators and had sued several parties, including MCI, accusing those parties of infringing its patents. Under the settlement, MCI has not admitted any liability for patent infringement, but the parties acknowledge that MCI has modified the design of its CS130 and 130D type alternators. Remy has agreed not to sue MCI for infringement of Remy's alternator patents by MCI's modified CS130 and CS-130D type alternators and has released MCI from claims of prior infringement of the two patents at issue. The settlement involved a payment from MCI to Remy.
Posted by GEN-ERIC at 01:04:15 am into the following categories: In The News
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