Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Whirlpool, LG Settle Refrigerator Patent Lawsuits

Whirlpool Corp., the world’s largest appliance maker, and LG Electronics Inc. agreed to settle patent-infringement cases over refrigerator icemakers for an undisclosed amount.

The settlement resolves three patent lawsuits filed in federal courts in New Jersey and Delaware, Benton Harbor, Michigan-based Whirlpool and Seoul-based LG said today in a statement.

“This agreement, which concludes years of patent litigation between LG and Whirlpool, will result in the dismissal” of the cases, the companies said.

A Delaware jury found in 2010 that LG infringed a Whirlpool icemaker patent and awarded $1.78 million in damages. U.S. District Judge Gregory M. Sleet in Wilmington questioned the jury’s calculations and ordered a new trial. Whirlpool had sought more than $22 million in damages.

Last year, Whirlpool said it won a six-month stay of patent litigation over refrigerator technology while it challenged the validity of LG’s patents at the U.S. Patent and Trademark Office.

Whirlpool fell 25 cents to $83.23 in New York Stock Exchange composite trading at 2:27 p.m. LG dropped 300 won to 69,000 won in Seoul.

One case resolved by the settlement is LG Electronics v. Whirlpool Corp., 08-cv-234, U.S. District Court, District of Delaware (Wilmington).

To see the patent, click: 6,082,130.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.