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Whirlpool Corporation, LG Electronics Settle Refrigerator Patent Disputes

LG Electronics, Inc. and Whirlpool Corporation (NYSE: WHR) have agreed to settle their respective patent infringement disputes related to refrigerators. This agreement, which concludes years of patent litigation between LG and Whirlpool, will result in the dismissal of three pending patent infringement lawsuits involving several LG and Whirlpool patents in the U.S. District Courts in Delaware and New Jersey. All other terms of the settlement are confidential.

Read more: http://www.sacbee.com/2012/09/28/4863446/whirlpool-corporation-lg-electronics.html