Lawsuits

Trade Only follows developments in lawsuits that can have a significant effect on companies or sections of the worldwide marine industry.

Master Lock loses patent infringement case

A federal jury said Master Lock Co. infringed on patents for receiver lock technology used in towing applications and ordered the company to pay $5.35 million to inventor Philip Wyers, owner of Wyers Products Group Inc. Wyers said the verdict validates his belief that small businesses like his must defend their patent rights, despite the…more

Hell’s Bay reaches settlement in hull-splashing dispute

Hell’s Bay Boatworks has reached an out-of-court settlement with Beavertail Skiffs in regard to the anti-splashing lawsuit it filed last fall against the Minnesota boatbuilder. Though the exact terms of the settlement were not disclosed, Hell’s Bay’s president Chris Peterson said he was pleased with the results of the outcome, which he says included Hell’s…more

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