Gevo wins stay in Federal Court sell bio-isobutanol

Gevo wins stay in Federal Court to sell bio-isobutanol

6:47 AM, 14th August 2012
Gevo wins stay in Federal Court to sell bio-isobutanol
Brett Lund, Executive Vice President, General Counsel, Gevo.

ENGLEWOOD, US: Gevo Inc announced that the Federal Circuit Court of Appeals granted Gevo’s motion to stay a status quo order entered on 6 July 2012 by the US District Court in Delaware. The status quo order had prohibited Gevo from selling bio-isobutanol to the automotive fuels market, pending Butamax Advanced Biofuels’ appeal of the District Court’s decision denying its motion for preliminary injunction. In granting Gevo’s motion, the Appeals court determined that Gevo had, at a minimum, ‘established a substantial case on the merits.’

“We also find it surprising that Butamax is pursuing an appeal of the District Court’s opinion denying the motion for a preliminary injunction against Gevo. In denying that motion, the District Court stated that Butamax likely does not hold a valid patent nor would the defendant (Gevo) infringe if it did,” said Brett Lund, Executive Vice President, General Counsel, Gevo.

“We remain firm in our position that we have developed a unique and commercially viable technology and have never infringed on Butamax’s technology because we simply don’t need it. We have independently developed the industry leading technologies that we believe are not covered by their patents and are more effective than their efforts. We remain focused on our commercialization efforts and are encouraged by our string of victories in District Court and Federal Appeals Court,” added Lund.

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