Paice LLC

Alex Severinsky is a Russian man who came to the United States in 1978. He graduated from Ukraine's Kharkiv University of Radioelectronics in 1967 before moving on to an Electrical Engineering Ph.D. from Moscow's Institute for Precision Measurements in Radioelectronics and Physics in 1975. That's ...

Following on the heels of our earlier report about yesterday's scheduled hearing between Toyota and Alex Severinsky at the International Trade Commission came word that the parties have settled. Neither side has released any details ...

Things aren't looking good for Toyota in a legal battle over whether or not the Japanese automaker has infringed on a Florida-based company's hybrid drivetrain patents. A U.S. International Trade Commission judge recently ruled to deny Toyota's request to end the lawsuit brought by Paice LLC. ...

With every new vehicle introduced by Toyota powered by the automaker's proprietary Hybrid Synergy Drive comes a matching complaint filed by Paice LLC for patent infringement. In the latest case, Paice has filed a grievance with the ...

Toyota lawyers arrived at the U.S. Supreme Court today and were denied an appeal to overturn a ruling originally upheld by a federal appeals court in Washington last year. The case involved a technology patent held by a company named Paice LLC, which contended that Toyota used the same ...