Saturday, August 14, 2010

Alleged Patent Infringer and what they are telling their Stakeholders

LINCOLNWAY ENERGY, LLC - SEE HERE - Excerpt below
A Complaint for Patent Infringement was filed against Lincolnway Energy and certain other parties on May 3, 2010 by GS CleanTech Corporation. The Complaint was filed in the United States District Court for the Northern District of Iowa, Western Division. The Complaint alleges, in general, that the corn oil extraction equipment and related processes used by Lincolnway Energy and the other parties infringes upon one or more of the claims under certain patents held by GS CleanTech Corporation. The Complaint seeks injunctive relief, an award of damages with interest, and any other remedies available under certain patent statutes or otherwise under law. Lincolnway Energy is reviewing the Complaint and considering its response. Lincolnway Energy is unable to determine at this time if the Complaint will have a material adverse effect on Lincolnway Energy. (p.31) (another related reference page 14)
 
SkunK

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