In a recent legal development that may intrigue the corporate legal community, Arigna and Susman Godfrey appear to indicate the end of a longstanding patent dispute against automotive giant BMW. As conveyed by the recent filing, the tussle between the two entities, which persisted over three years, is reportedly approaching a resolution.
Since early 2021, Bayerische Motoren Werke AG and its North American affiliate have been the target of several patent lawsuits. These suits were initiated by Arigna Technology Ltd., a subsidiary of Dublin-based patent-monetization firm Atlantic IP Services Ltd.
In a late Tuesday filing in a Virginia case, Arigna, backed by its legal team from Susman Godfrey LLP, suggested the two sides are in the process of working out a resolution. The case in question involves allegations by Arigna that BMW infringed on a semiconductor patent.
While the legal dispute is seemingly drawing to a close, Arigna’s fight in Delaware with the funder continues to persist. This development signals a potentially interesting trend for corporates facing similar issues, in a global economy where intellectual property rights continue to be at the epicenter of countless legal debates.
Read further details about the dispute on Bloomberg Law.