24/03/2022 – Lawsuit
Settlement in latest patent infringement cases
The Lycra Company announced a settlement related to its ongoing global efforts to protect its intellectual property (IP), including patents and trademarks, from infringement worldwide.
The Lycra Company is a global leader in developing innovative fiber and technology solutions for the textile and apparel industry. © The Lycra Company
The Jiangsu Authority in China recently mediated a lawsuit initiated by The Lycra Company against four companies found to be infringing on its dual core patents for denim. “The cases for infringement have been decided,” said Bridget Sciamanna, general counsel, The Lycra Company. “In consideration of dropping charges against all the companies involved, a financial settlement has been reached for an undisclosed amount. In addition, these companies have agreed to cease infringing on our patents.”
