Michelin Settles Computer System Patent Dispute

Law360, New York (October 13, 2009, 7:18 PM EDT) -- Michelin North America Inc. and holding company Manufacturing Systems Technologies LLC, formerly known as Taurus IP LLC, have dropped all claims and counterclaims in a suit over a patent for a computer system and method for managing sales information.

The companies filed a motion for dismissal with prejudice on Tuesday in the U.S. District Court for the Western District of Wisconsin.

Each party is to bear its own costs and attorneys' fees.

In its 2007 complaint, Taurus accused Hyundai Motor America, Reebok International Ltd., Puma North...
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