PaiceLawsuit

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. ...