National Oilwell Varco Wins $19M In Drilling IP Fight

Law360, New York (June 19, 2012, 2:52 PM EDT) -- A Colorado federal judge awarded National Oilwell Varco LP $19.4 million Monday in a long-running case accusing Pason Systems USA Corp. of infringing an automatic drilling system patent, after ruling that Pason's inequitable conduct defense came up short.

The lawsuit, filed in 2003, centered on the AutoDriller, made by Pason Systems USA's Canadian parent company and imported by Pason Systems USA, according to court papers. Pason raked in millions of dollars by renting AutoDrillers despite being warned by its own counsel that the devices infringed the...
To view the full article, register now.