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Velocys wins injunction against CompactGTL


Published Oct 6, 2014
Velocys plc

Velocys plc says that the UK High Court has ordered an immediate injunction restraining CompactGTL’s infringing activities and payment of approx. £1.4 million to Velocys.

Following the UK High Court’s ruling upholding the Velocys patents in suit and judging CompactGTL to be infringing them both (see RNS dated 22 Sepetmber 2014), the Court has now ordered an immediate injunction restraining CompactGTL from infringing the patents or enabling, procuring, or assisting any third party to infringe the patents. In addition to being used at its Wilton plant in the UK, CompactGTL confirmed to the Court that the same infringing technology was the subject of its activities with Petrobras (CompactGTL operated a demonstration plant at a Petrobras facility in Aracaju, Brazil).

The Court also ordered CompactGTL to pay approx. £1.4 million to Velocys for its legal costs to date. The case is continuing, with determination of damages to Velocys expected after receipt of additional disclosures from CompactGTL regarding its activities.

Tags: Velocys plc




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