Tuesday, February 16, 2010

Big River Resources Sued By GreenShift Subsidiary For Patent Infringement

Blog Readers were rewarded with a little news out of the box last Friday when SkunK's research staff (web crawlers: the centrifuges of the web) were able to give you some hard to find - but public information - on this filed lawsuit. Just to let you know - non blog readers are just now getting the news!
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Files for Injunctive Relief to Cease and Desist Unlicensed Use of Patented Corn Oil Extraction Technology

NEW YORK, N.Y., February 16, 2010 – GreenShift Corporation (OTC Bulletin Board: GERS - News) today announced that its wholly-owned subsidiary, GS CleanTech Corporation (“GreenShift”), has commenced legal action in the United States District Court, Northern District of Illinois against Big River Resources Galva, LLC and Big River Resources West Burlington, LLC (collectively, “Big River”) for infringing on GreenShift’s U.S. patent covering corn oil extraction technology.

The complaint alleges that Big River is infringing U.S. Patent No. 7,601,858, titled "Method of Processing Ethanol Byproducts and Related Subsystems” (the “858 Patent”). The '858 Patent covers processes for recovering corn oil by evaporating and mechanically processing thin stillage, a precursor to the distillers grain co-product of corn ethanol production (“DGS”).

A motion for preliminary injunction was also filed with the complaint. In its motion, GreenShift argues that it has sufficient evidence to prove that Big River is infringing GreenShift’s patented corn oil extraction technology and this infringement has caused and will continue to cause irreparable harm to GreenShift.

Use of GreenShift’s patented and patent-pending corn oil extraction technologies is proven to provide licensed producers with significant competitive advantages over their competitors, including increased profit, reduced energy costs, a smaller carbon footprint, and lower risk.

http://www.greenshift.com/news.php?id=257

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SkunK

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