Gevo temporarily dismisses lawsuit against Butamax

Gevo temporarily dismisses lawsuit against Butamax

9:06 AM, 13th May 2013
Gevo temporarily dismisses lawsuit against Butamax
Brett Lund, Executive Vice President and General Counsel, Gevo.

ENGLEWOOD, US: Gevo Inc has agreed to temporarily dismiss its lawsuit against Butamax Advanced Biofuels, LLC (Butamax) and EI du Pont de Nemours and Company (DuPont) for infringing one of Gevo’s three GIFT patents, US Patent No. 8,101,808 ( '808 Patent). Gevo maintains all of its other lawsuits against Butamax and DuPont for infringing Gevo’s biocatalyst technology.

“When we filed this lawsuit, we expected Butamax to have a commercial biobutanol plant by now. We decided to dismiss the '808 lawsuit, for now, because Butamax doesn’t have a commercial plant that infringes the '808 patent and according to DuPont, they will not have a commercial plant by the time of the trial,” said Brett Lund, Executive Vice President and General Counsel, Gevo.

“Butamax had stated plans to begin commercializing their biobutanol technology in 2010, and now this date has slipped to at least 2015. Accordingly, it makes sense for us to hold off on this litigation for now and, in doing so, we will save significantly in legal costs. In addition to the '808 patent, we have two additional GIFT patents that we have not yet asserted against Butamax and we are free to assert these at any time in the future. Additionally, Gevo is maintaining all of its other lawsuits against Butamax and DuPont for infringing our biocatalyst patents including our trial in August 2013 for infringing our '375 and '376 Patents,” added Lund.

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