![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, July 06, 2012 7:23:45 PM
http://www.bloomberg.com/news/2012-07-06/gevo-told-by-judge-not-to-ship-fuel-product-pending-appeal-1-.html?cmpid=yhoo
A U.S. judge who told Gevo Inc. (GEVO) last month it didn’t infringe a patent held by Butamax Advanced Biofuels LLC, a joint venture of DuPont Co. (DD) and BP Plc (BP/), today ordered it not to distribute its renewable-fuel products pending an appeal.
Butamax sued Gevo, backed by the oil refiner Total SA (FP) and specialty-chemicals maker Lanxess AG (LXS), in 2011 alleging misuse of technology for genetically engineered microorganisms used to produce biofuels. U.S. District Judge Sue Robinson in mid-June denied Butamax’s bid to block Gevo’s fuel sales.
“While the court concluded” that Butamax “doesn’t hold a valid patent” and Gevo doesn’t infringe, “the court readily acknowledges that the U.S. Court of Appeals for the Federal Circuit could disagree,” Robinson wrote in an order today staying her earlier ruling and asking for an expedited appeal.
She said Gevo “shall not deliver, provide, distribute, ship, release or transfer in any way” its yeast product until the Washington court makes its decision.
Brett Lund, Gevo’s general counsel, didn’t immediately return a voice-mail message seeking comment on the ruling. Pam Schools, a Butamax spokeswoman, didn’t immediately return an e- mailed message seeking comment.
Gevo, based in Englewood, Colorado, is involved in several patent lawsuits with Wilmington-based Butamax. Gevo built a biofuels plant in Luverne, Minnesota, to produce renewable additives for refiners that make diesel and jet fuel.
Gevo fell 8 cents to $4.44 today in Nasdaq Stock Market trading. DuPont fell 71 cents to $48.90 in New York Stock Exchange composite trading.
The case is Butamax Advanced Biofuels LLC v. Gevo Inc., 11- cv-54, U.S. District Court, District of Delaware (Wilmington).
To contact the reporter on this story: Phil Milford in Wilmington, Delaware, at pmilford@bloomberg.net
Recent GEVO News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:01:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:50:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:49:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:48:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:43:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:42:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 08:39:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 10:03:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 10:01:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:58:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:44:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:41:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:37:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:34:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:01:42 PM
- Gevo President and Chief Operating Officer, Dr. Chris Ryan, to Participate in Virtual Investor Meeting • GlobeNewswire Inc. • 05/14/2024 07:00:00 PM
- Gevo’s Verity and ClearFlame Announce Transportation Decarbonization Collaboration • GlobeNewswire Inc. • 05/07/2024 01:00:00 PM
- Gevo Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/02/2024 08:01:00 PM
- Gevo’s Sustainable Aviation Fuel Well-Positioned in Light of New Guidance from Treasury Department • GlobeNewswire Inc. • 04/30/2024 08:58:47 PM
- Gevo to Report First Quarter 2024 Financial Results on May 2, 2024 • GlobeNewswire Inc. • 04/17/2024 08:30:00 PM
- Gevo RNG Subsidiary Successfully Remarkets Its Tax-Exempt Green Bonds • GlobeNewswire Inc. • 04/01/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 09:03:50 PM
- Gevo Reports Fourth Quarter and Full Year 2023 Financial Results • GlobeNewswire Inc. • 03/07/2024 09:01:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 09:05:32 PM
- Gevo Hires Damien Perriman as Chief Business Development Officer • GlobeNewswire Inc. • 02/26/2024 02:00:00 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM