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Paice, Ford Settle Hybrid Vehicle Patent Battle

Law360 (April 13, 2018, 9:25 PM EDT) -- Paice said Thursday it has reached an agreement for Ford. to license its patents on hybrid vehicle technology, ending a bruising legal battle that spanned across federal courts and the U.S. International Trade Commission.

The terms of the settlement were confidential, although Paice LLC said in a statement that it has agreed to drop a request the ITC ban Ford Motor Co. from importing certain hybrid vehicles into the U.S. Ford will also abandon its challenges to the validity of Paice's patents.

"We're pleased that Ford...
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