Paice Press Releases

September 2015 trial date set for Hyundai/Kia lawsuit

PRESS RELEASE | JUNE 9, 2015 BALTIMORE – South Korean automakers Hyundai and Kia will go to trial over charges they are infringing on patented hybrid vehicle technology on September 21 in U.S. District Court in Baltimore. U.S. District Court Judge Marvin Garbis announced the trial dates in a May 26 order. Paice LLC and the Abell Foundation filed the lawsuit…

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Toyota and Paice Reach Settlement of Patent Disputes

PRESS RELEASE | JULY 19, 2010 WASHINGTON, DC – Toyota Motor and Paice LLC have entered into an agreement to settle the patent disputes between them. The terms of the agreement are confidential. All lawsuits between the companies will be dismissed. “I am happy that Toyota and Paice came to an amicable resolution on the use of my power-assisted engine…

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Paice and Ford Reach Settlement in Hybrid Vehicle Patent Infringement Disputes

On July 8, 2010, Paice LLC and Ford Motor Company entered into an agreement for the license of Paice’s U.S. Patent No. 5,343,970. Each company had filed a lawsuit against the other relating to that patent relating to certain Ford hybrid vehicles.  Based on this agreement, the lawsuits will be promptly dismissed, bringing an end to all patent infringement litigation between…

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