InvestorsHub Logo
icon url

d4diddy

10/18/06 7:59 PM

#15292 RE: paige #15290

Paige,

"If they ""dismissed"" each others claims then we had no infringment."

ASD sued CDEX and asked for compensation for CDEX infringing on one or more of ASD's patent claims.

CDEX said they weren't infringing, that it's their technology and ASD's patent is invalid.

Settlement Agreement: CDEx is acknowledging the validity of ASD's patent and is paying a royalty fee as sought by ASD.

"If they ""dismissed"" each others claims then we had no infringment."

Correct, CDEx agreed to license the technology from ASD, therefore CDEx is no longer infringing.

"Being invalid takes away the right to even have the patent in the first place...Doesn't it?"

I believe so, unless there is some type of severability clause that may reject certain claims, but continue to enforce others. Might ask Xeno about that.