WR Grace Settles Patent Suit Over Propex Concrete Fibers

Law360, New York (July 15, 2013, 3:44 PM EDT) -- A Delaware federal judge on Monday signed off on a settlement reached between bankrupt chemical conglomerate W.R. Grace & Co. and Propex Operating Co. LLC, ending a patent infringement lawsuit claiming Propex infringed technology used in W.R. Grace's reinforcing fibers for concrete structures. 

Propex must pay W.R. Grace for past infringement on its patents and for royalties on licenses on certain products, according an order filed on Monday. The companies reached an agreement June 26, which U.S. District Judge Richard G. Andrews approved on Monday. Details...
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