PAICE PRESS RELEASE | MAY 11, 2022 Paice, Abell, and Volvo Car agree to license patented technology BALTIMORE (MAY 11, 2022) — Paice and Volvo Car have reached an agreement to license patented hybrid technology. Paice was an early leader in electrified vehicles. The company was awarded its first hybrid vehicle patent in 1994, long before most automakers began seriously…
The October/November 2013 issue of Today’s General Counsel says that the reason for the recent increase is patent litigation is simple: more companies are choosing to use technology developed by others rather than investing in their own research and development. The article, written by Ron Epstein and Bryan Lord of Epicenter IP Group, says that “litigation has become the de-facto sales process…
Both the Ford Motor Co. and Toyota Motor Corp. have signed off on settlement with Paice LLC in a contentious patent dispute over hybrid technology. Paice had charged both Ford and Toyota with violating a specific patent that it had owned since 1992. If the supplier’s suit had gone forward, it left open the possibility that the makers might have…
A U.S. trade panel that hears patent disputes said it would investigate allegations that Toyota Motor Corp, the world’s largest automaker, infringed patented technology to make its popular hybrid vehicles. The U.S. International Trade Commission said on Tuesday that Paice LLC, based in Bonita Springs, Florida, had asked it to order Japan’s Toyota to stop using the infringing technology to make…
Toyota Motor Corp., the world’s biggest seller of autos powered by a combination of gasoline and electricity, faces a patent-infringement claim that may result in a U.S. import ban on its Prius and other hybrid models. Closely held Paice LLC filed a complaint yesterday with the U.S. International Trade Commission in Washington, claiming Toyota is infringing its patent. The company seeks an order to ban imports…