#Cree (CREE), #Harvatek Enter #Patent Suit Settlement, Licensing Agreement
#Cree, Inc. announced that it has reached a confidential settlement in its #patent infringement lawsuit with #Harvatek Corp. Harvatek has agreed to a royalty bearing, worldwide license to the Cree patents-in-suit, thereby ending the lawsuit between the parties. Harvatek will pay Cree a license issue fee and ongoing royalties as part of the license agreement.
High Court to Hear Patent Fight Over Adult Diapers
The Supreme Court will resolve a patent dispute between companies that make adult diapers. The justices said Monday they will hear an appeal from #SCA Hygiene Products AB, which argues that it did not wait too long to file a #patent infringement lawsuit against rival #FirstQualityBaby Products LLC.