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PPG files suit against Jeld-Wen

Post Time:Nov 12,2013Classify:Industry NewsView:55

PPG Industries filed a lawsuit against Jeld-Wen, alleging breach of a license agreement, according to the court complaint document, filed May 1. According to PPG´s complaint, PPG granted Jeld-Wen rights and licenses to patent applications for an insulating unit with low-thermal conducting edge, and for all components required for the fabrication of the unit. Jeld-Wen would, in turn, pay royalties for those rights and licenses, according to the filing.PPG alleges that Jeld-Wen has "failed to make its required periodic royalty payments," with damages exceeding $75,000, according to the company´s complaint. PPG is requesting judgment against Jeld-Wen in excess of $75,000, together with interest and the cost of the suit, according to the complaint. 21.05.2012, PPG Industries/glassmagazine.com

Source: http://www.glassglobal.com/news/ppg_files_suit_against_jeld_wen-20288.htmlAuthor:

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