We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Patent Adversary Disputes Hobbico Ch. 11 Sale Plans

Law360 (March 7, 2018, 9:51 PM EST) -- A Texas-based firm that holds patents for radio-controlled model and drone components objected Wednesday to Hobbico Inc. plans for an all-asset Chapter 11 sale in Delaware, citing its ongoing federal infringement suit against Hobbico.

Traxxas L.P. sued Hobbico and its U.K. subsidiary, Arrma Durango Ltd., for infringing eight patents prior to Hobbico's retreat into Chapter 11 in January. The case seeks an injunction as well as damages of "no less than a reasonable royalty," in addition to expenses.

"Traxxas believes that the debtors have sold, continue...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.