M-I LLC Wins USD 960,000 for Damages
shot by IP News Shots / 6:22 pm on 22 October, 2021
The U.S. District Court for the Western District of Texas found FPUSA LLC infringing on two, patents relating to systems that enable the reuse of drilling fluids of Schlumberger Ltd. The court awarded M-I LLC more than USD 960,000 in damages in lost profits against FPUSA. The jury, however, declined to award M-I any royalty for the infringement.
Industry: Machinery, Oil & Gas & Consumable Fuels, Others | News Category: Litigations | Type of IP: Patent
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