Legal Blog

Friday Factoid: Baltimore Jury Awards Millions in Hybrid Technology Patent Suit

In a recent patent infringement suit, a Baltimore jury awarded $28,915,600 against Hyundai and Kia in favor of Paice LLC (a hybrid vehicle technology company). The jury found Hyundai and Kia willfully infringed Paice’s patents and the damage award represents a payment of approximately $200 for each infringing vehicle sold by Hyundai and Kia through June 2015. Source: Business Wire Jon Wachs websiteIf you have any questions regarding the content of this communication, please contact Jonathan R. Wachs: jwachs@offitkurman.com | 301.575.0302. If you would like to subscribe to receive Friday Factoids® in your inbox click here.