December 07, 2015
Paice recently told a Maryland federal judge that it had reached a settlement with Hyundai and Kia, two months after a jury found that the automakers owed the hybrid technology company $29 million for infringing its patents.
November 16, 2015
Hyundai and Kia on Friday blasted hybrid technology company Paice LLC's attempt to secure a permanent injunction against the two after winning a $29 million jury verdict, arguing the injunction is inappropriate since the infringing vehicles are being phased out.
October 05, 2015
A Maryland federal jury has decided that Hyundai Motor Co. and Kia Motors Corp. owe approximately $29 million to hybrid technology company Paice LLC for ripping off its hybrid vehicle technology, Paice announced Friday.
October 30, 2014
A Maryland federal judge on Wednesday allowed Paice LLC to share a confidential deal licensing patents to Toyota Motor Co. with its co-plaintiff in their suit accusing Hyundai Motor Co. and Kia Motors Corp. of ripping off their hybrid vehicle technology.
July 24, 2014
A Maryland federal judge on Thursday denied Hyundai Motor Co. and Kia Motors Corp.'s bid to amend their contentions of patent invalidity in a suit accusing the automakers of ripping off hybrid vehicle technology, saying the companies should have included their indefiniteness defense in their original filing.
February 17, 2012
Patent holding company Paice LLC and a charitable organization hit Hyundai Motor Co. and Kia Motors Corp. with a lawsuit in Maryland federal court Thursday, accusing the car companies of willfully infringing three patents covering hybrid vehicle technology.