Phillips 66 and Magema Technology Reach Settlement, Concluding Prolonged Patent Dispute
Phillips 66 has concluded a settlement with Magema Technology, effectively ending a contentious patent infringement case that was recently revived by the Federal Circuit. The dispute centered on claims that Phillips 66 had infringed on Magema’s patented technologies in oil refinery processes. This resolution comes after the appellate court’s ruling necessitated a retrial, extending the…