Ford, Paice Bury Hatchet In Dueling Hybrid IP Suits

Law360, New York (July 22, 2010, 5:26 PM EDT) -- A federal judge in Texas has dismissed patent holder Paice LLC's infringement lawsuit against Ford Motor Co. over hybrid electric car technology, and the companies said Ford's related suit against Paice in Michigan court would also be dismissed.

Judge David Folsom of the U.S. District Court for the Eastern District of Texas dismissed the Paice lawsuit with prejudice Wednesday, saying only that the parties would bear their own costs, after the companies said they had entered into a confidential settlement.

A similar stipulation of dismissal was...
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