Genesis, Shippert End Feud Over Liposuction Patent

Law360, New York (April 8, 2010, 1:39 PM EDT) -- Genesis Biosystems Inc. has agreed to settle its infringement suit against rival cosmetic device maker Shippert Enterprises Ltd. and several related entities over a patent for a method of performing liposuction.

Judge Jorge A. Solis of the U.S. District Court for the Northern District of Texas signed off Wednesday on a stipulation of dismissal between the parties, with each side agreeing to bear its own legal fees and costs.

Genesis and Shippert filed a motion Tuesday to dismiss all claims, citing a settlement, waiver and release...
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