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You are here: Home1 / lawsuit

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Hankook Tire owners lose hidden assets lawsuit

International News

The family ownership of Hankook Tire and Technology must pay a fine of KRW 4.59 billion (£2.9 million) after losing a lawsuit related to foreign assets. Seoul-based publication The Korea Herald writes that the Seoul Administrative Court recently ruled against the lawsuit brought by Cho Yang-rae, honorary chairman of Hankook & Co., and his eldest son Cho Hyun-sik.

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Related news:

  1. Hankook Tire CEO Cho receives suspended prison sentence
  2. Hankook: HK-KAIST collaboration widens
  3. Hankook Technodome gains trio of safety certifications
  4. Prospecs features Hankook tread on ‘all-season’ trainers
26th July 2022/by Stephen

Safe-Run pays VMI damages after China appeal court IP judgement

Company News, International News
Sora Shimazaki from Pexels

Leading tyre building machinery manufacturer VMI Holland B.V. has issued a firm rebuke to Safe-Run Intelligent Equipment Co., Ltd after the latter issued a press release on 31 July claiming victory in the companies’ ongoing legal dispute. Contrary to Safe-Run’s view, VMI said the Jiangsu High People’s Court of China’s ruling represented “a major defeat for Safe-Run and almost total vindication of VMI’s position.” VMI first announced it had won “a significant lawsuit” against Safe-Run relating to its intellectual property in February 2021. Subsequently, the Netherlands-based firm said the appeal court finalised its judgement that Safe-Run were infringing on VMI’s two key patents relating to tyre building machines. Safe-Run was ordered to stop infringements immediately and pay VMI damages totalling RMB 2.46 million (around 320,000 euros). VMI notes that these payments are “very high [compared] to the average damage awards of around RMB 100,000 in similar cases in China.” Safe-Run’s statement is not currently available.

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Related news:

  1. IP & patent infringement: VMI wins ‘significant lawsuit’ against Safe-Run
  2. VMI awaits ruling in Chinese infringement case
  3. Major VMI patents upheld in China
  4. Safe-Run equipping Linglong’s Serbia tyre plant
24th August 2021/by Andrew

IP & patent infringement: VMI wins ‘significant lawsuit’ against Safe-Run

Company News, International News

Netherlands-based manufacturer of machinery for the tyre and retreading industries, VMI Holland B.V. (VMI), reports having won a “significant lawsuit” in its ongoing legal dispute with Safe-Run Intelligent Equipment Shares Ltd. Co. (Safe-Run). VMI comments that the case in question relates to infringement of intellectual property and patent hijacking, adding that the lawsuit it recently won confirms “the malicious intent of Safe-Run.”

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Related news:

  1. Major VMI patents upheld in China
  2. VMI awaits ruling in Chinese infringement case
  3. Safe-Run: The legal ‘war’ with VMI has just begun
  4. Bridgestone wins patent infringement lawsuit against Wanli
12th February 2021/1 Comment/by Stephen

Chinese tyre maker settles Dunlop Geomax infringement lawsuit

International News

Sumitomo Rubber Industries (SRI) shares that a settlement has been reached in its patent infringement lawsuit against Timsum Rubber Tire (Weihai). SRI, which manufactures Dunlop tyres in certain regions outside Europe, filed a lawsuit with the Beijing Intellectual Property Court in response to unauthorised use of the Dunlop Geomax MX52 motocross tyre tread pattern.

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  1. Chinese consumers saying ‘Ni Hao’ to Falken tyre brand at Auto Shanghai
  2. Bridgestone: Another patent infringement win in China
  3. Sumitomo Rubber Industries becomes ball supplier to Australian Open
  4. Coronavirus: SRI donates to China Charity Federation
29th October 2020/by Stephen

Michelin wins trade secrets lawsuit against former employee Michael Dotson

International News

Michelin North America, Inc., has agreed to settle lawsuits against Carlstar Group, LLC and former Michelin employee Michael Dotson. A court in the US state of South Carolina has permanently prohibited Dotson from using or revealing any Michelin trade secret or confidential information and ordered him to return any Michelin information in his possession. Dotson also agreed to pay Michelin the financial damages sought in the lawsuit, which accused him of misappropriation of trade secrets and breach of his non-disclosure agreement.

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Related news:

  1. Michelin obtains settlement in Tire Mart lawsuit
  2. Michelin files suit against Chinese-made BFGoodrich “imposter”
  3. Michelin inaugurates 3 million square foot distribution centre
  4. Michelin ‘official tyre technology partner’ for Gran Turismo
4th September 2020/by Stephen

Michelin files suit against Chinese-made BFGoodrich “imposter”

Company News, International News

Michelin’s North American operation has filed a suit against a company importing “counterfeit” tyres from China. The tyres in question are said to violate patents for the BFGoodrich All-Terrain T/A KO2.

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  1. North America launch for BFGoodrich agricultural tyres
  2. US tyre makers urge climate change action
  3. Michelin suing Atturo over alleged patent infringement
  4. Michelin acquires telematics provider NexTraq
18th December 2019/by Stephen

Bridgestone wins patent infringement lawsuit against Wanli

Company News, International News

A Chinese court has ruled in favour of Bridgestone Corporation in its patent infringement lawsuit against Chinese tyre manufacturers Guangzhou South China Tire & Rubber Co., Ltd. and Wanli Tire Co., Ltd. (Wanli Tire).

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Related news:

  1. Another patent infringement suit win for Bridgestone in China
  2. Bridgestone wins trademark lawsuit against Chinese firms
  3. VMI awarded damages in Shuangjun case
  4. Court win for Bridgestone in Shengtai Group infringement case
27th August 2019/by Stephen

Bridgestone: Another patent infringement win in China

International News

A further victory for Bridgestone Corporation in its battle against patent infringement was delivered by the Shanghai Intellectual Property Court, which ruled favourably in its lawsuit against Chinese tyre manufacturer Fangxing Rubber Co., Ltd. (Fangxing).

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  1. Bridgestone wins patent infringement lawsuit against Wanli
  2. Another patent infringement suit win for Bridgestone in China
  3. With Chinese input Prices on the Up Could there be a Retread Renaissance?
  4. Zonecross – Bridgestone’s new truck tyre brand for China
31st July 2018/by Stephen

Michelin obtains settlement in Tire Mart lawsuit

Company News, International News

A settlement has been reached between Michelin North America Inc. and Tire Mart Inc. regarding alleged design patent infringements. Terms of the settlement, which centres on design patents for the BFGoodrich Mud Terrain T/A KM2, have not been disclosed.

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Related news:

  1. Michelin files suit against Chinese-made BFGoodrich “imposter”
  2. North America launch for BFGoodrich agricultural tyres
  3. Michelin wins trade secrets lawsuit against former employee Michael Dotson
  4. Michelin names new motorsports director for North America
25th January 2018/by Stephen

Michelin files lawsuit against Tire Recappers of Nashville

International News

It isn’t just copycats in China that the tyre majors are going after. Michelin North America reports that it filed a lawsuit against Tire Recappers of Nashville yesterday. Michelin alleges that the manufacturer and seller of retreaded SUV, crossover and crossover tyres infringed design patents covering the BFGoodrich Mud-Terrain T/A KM2 and Michelin LTX M/S2 tyres.

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Related news:

  1. Court rules in favour of Michelin in $20 million lawsuit
  2. Michelin patent infringement suit settled
  3. Michelin fighting alleged BFGoodrich patent infringement
  4. Michelin files suit against Chinese-made BFGoodrich “imposter”
11th July 2017/by Tyrepress Editors

TGI commences legal action against Amrik International

Company News, International News

Florida, US-based tyre wholesaler Tire Group International LLC (TGI) has initiated legal proceedings against two companies, Amrik International Trading LLC and Neeto International General Trading LLC, and against all respective principles, including Sabjot Singh Sahni, Simar Singh Sahni, Jasbeer Singh Sahni, and Neeto Singh Sahni.

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Related news:

  1. Bridgestone wins trademark lawsuit against Chinese firms
  2. Ex-Pirelli managers to appeal asbestos sentences
  3. Bridgestone wins patent infringement lawsuit against Wanli
  4. TGI’s Tony Gonzalez enters into movie rights deal with Paramount Pictures & Appian Way
25th August 2016/by Tyrepress Editors

Michelin patent infringement suit settled

Company News, International News

Michelin North America shares that it has “reached favourable settlement agreements” with Atturo Tire Corporation and Svizz-One Corporation Ltd., regarding the patent infringement suit it filed in the US District Court in Greenville, South Carolina on 13 May. The specific terms of the settlement are confidential.

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Related news:

  1. Court rules in favour of Michelin in $20 million lawsuit
  2. Michelin suing Atturo over alleged patent infringement
  3. Michelin files suit against Chinese-made BFGoodrich “imposter”
  4. Michelin files lawsuit against Tire Recappers of Nashville
16th August 2016/by Tyrepress Editors

Court rules in favour of Michelin in $20 million lawsuit

Company News, International News

In a unanimous verdict handed down on 19 November, a jury in the US state of Arizona found in favour of Michelin North America on all claims relating to a product liability lawsuit filed by plaintiff Kimberly Allen. The verdict followed a three-week trial in the Arizona State Court.

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Related news:

  1. Michelin patent infringement suit settled
  2. Michelin files suit against Chinese-made BFGoodrich “imposter”
  3. Michelin files lawsuit against Tire Recappers of Nashville
  4. This is the answer: Michelin filed law-suit against Bandag
25th November 2015/by Tyrepress Editors

Ex-Pirelli managers to appeal asbestos sentences

Company News, International News

The lawyers defending 11 former Pirelli managers convicted over asbestos-related deaths say they will appeal the charges. Yesterday a court in Milan convicted the managers of culpable homicide over the deaths of 24 workers employed at the company’s Bicocca plant in the 1970s and 1980s. The employees died from tumours said to have developed due to exposure from asbestos at the facility.

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  1. Paraguay presidential meeting a prelude to Pirelli presence
  2. Pirelli a ‘top partner’ for Zanetti & Friends charity football match
  3. Regulator approves ChemChina/Pirelli offers
  4. Pirelli awards recognize nine suppliers from around the world
16th July 2015/by Tyrepress Editors

Court dismisses Cooper Tire shareholder lawsuit

Company News

The US District Court in Delaware has dismissed the class action against Cooper Tire & Rubber that followed the unsuccessful Apollo Tyres acquisition attempt. The lawsuit, which was filed in January 2014, alleged the tyre maker, along with CEO Roy Armes and CFO Bradley Hughes, violated US federal securities laws by misrepresenting its financial condition, financial prospects, and the effectiveness of its internal controls. The action was filed by law firms Entwistle & Cappucci LLP and Bernstein Litowitz Berger & Grossmann LLP on behalf of Cooper Tire investors OFI Risk Arbitrages, OFI Risk Arb Absolu and Timber Hill L.L.C.

Read more

Related news:

  1. Cooper Appoints New HR Senior VP
  2. Cooper counters Apollo offer reduction talk with statement
  3. Cooper not yet ready to resume financial reporting
  4. Long awaited Cooper 2013 3Q report reveals Apollo, Chengshan damage
8th July 2015/by Tyrepress Editors
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