Hyundai, Kia Coating IP Suit Lacks Standing, Judge Says

By Lisa Ryan (April 6, 2015, 2:56 PM EDT) -- A California federal judge ruled that a suit accusing Hyundai Motor Co. and Kia Motors Co. of ripping off Diamond Coating Technologies LLC's patent for carbon coatings that reduce wear on sliding surfaces, saying the suit lacks standing because its original owner Sanyo Electric Co. Ltd retained rights to the patent....

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