(Chicago, IL), a unit of Pechiney (Paris, France). The suit was over Viskase patents covering shrink-film bags for meat and poultry packaging. The amount was announced by the U.S. District Court for the Northern Illinois District. The Court increased the judgment by $62.5 million over the amount awarded at the conclusion of a jury trial in 1996. The increased award was made for supplemental and enhanced damages, prejudgment interest and court costs. According to the Chicago Tribune, the total judgment is more than double Viskase's stock market value. American National says it intends to appeal the judgment, and it says its current products are not covered by Viskase patents. In addition, American National has challenged the validity of Viskase patents in a suit before the U.S. Patent and Trademark Office.
Viskase awarded $165 million over infringement
Viskase Companies, Inc. (Bedford Park, IL) was awarded a final judgment of $164.9 million in compensatory and enhanced damages and prejudgment interest in its patent infringement suit against American National Can Co.
Jul 31, 1999
Companies in this article
Recommended
Machinery Basics
List: Digitalization Companies From PACK EXPO
Looking for CPG-focused digital transformation solutions? Download our editor-curated list from PACK EXPO featuring top companies offering warehouse management, ERP, digital twin, and MES software with supply chain visibility and analytics capabilities—all tailored specifically for CPG operations.
Download Now
Break out of the ordinary: see what’s new in packaging & processing!
At PACK EXPO Las Vegas, you’ll see machinery in action and new tech from 2,300 suppliers, collaborate with experts and explore transformative solutions. Join us this September to experience a breakthrough in packaging and processing.
REGISTER NOW AND SAVE
