GS CleanTech Corporation Litigation
On May 24, 2013, GS CleanTech Corporation (“GS CleanTech”) filed suit in the United States District Court for the Eastern District of California, Sacramento Division (Case No.: 2:13-CV-01042-JAM-AC), naming the Company as a defendant. The suit alleges patent infringement by virtue of certain corn oil separation technology in use at one or more of the Company’s ethanol production facilities, including the plant located in Stockton, California. The complaint seeks preliminary and permanent injunctions prohibiting future infringement on the patent owned by GS CleanTech and damages in an unspecified amount adequate to compensate GS CleanTech for the alleged patent infringement, but in any event no less than a reasonable royalty for the use made of the inventions of the patent, plus attorneys fees. The Company strongly disagrees that its use of corn oil separation technology infringes the patent owned by GS CleanTech and intends to vigorously defend against GS CeanTech’s claims. As of the date of this report, discovery has not commenced and a trial date has not been set. In addition, GS CleanTech has advised the Company that it is in the process of amending its complaint.
SkunK
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See "Mention iv", June 20, 2013 at 8:25 AM.
Emberland said plants not only are cutting costs, but are looking beyond ethanol for profits. In 2009, just over half of ethanol plants were producing industrial corn oil, typically sold to make biodiesel, she said. Today, three of four plants have turned to corn oil production to boost revenue.
blablabla....blablabla... = 0.0001 coming
it does the opposite of what you expect. thats how "they" make money and "you" dont.
pix- down again
pix- getting hammered
so am i
10000000 bid !
50% increase in required production heading into the largest crop since the '30s makes the second half of 2013 look very interesting for ... GERS.
bids up !
make that allowed production
Anybody else think the lawyers are getting carried away with all the litigation? It's money in the bank for them. They got nothing to lose. The patents are crystal clear yet they want to fight to the end. Should be malpractice, IMO.
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