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Tesco, Conair, Latham, Yahoo!: Intellectual Property

Sept. 2 (Bloomberg) -- Tesco Corp.’s patent suit against Weatherford International Plc was dismissed by a Houston federal court after the judge found that Tesco’s counsel misrepresented facts about a depiction of the disputed technology.

The two companies both offer oilfield services, and the patent at issue covers a tool used on oil drilling rigs. During the trial, a witness for Tesco revealed that the tool was pictured in a marketing brochure before the Houston-based company applied for the patent.