General Patent Corporation Settles Patent Infringement Lawsuit with Haier America Trading

General Patent Corporation settles patent infringement lawsuit filed by its subsidiary, LaserDynamics, LLC, against Haier America Trading, LLC, with Haier taking a license for U.S. Patent No. 5,587,981.

Suffern, N.Y. (I-Newswire) April 10, 2014 - General Patent Corporation (GPC), a leading patent licensing and IP management firm, announced today on behalf of its subsidiary, LaserDynamics, LLC, that it settled a patent infringement lawsuit against Haier America Trading, LLC of New York, N. Y. (Haier).

As a result of the settlement, Haier has licensed LaserDynamics' U.S. Patent No. 5,587,981 (the '981 Patent), which relates generally to methods for discriminating between different types of optical disks. The '981 Patent has already been licensed to many well-known electronics and optical disc drive manufacturers.

"We are pleased to have reached an amicable resolution of this case," said Anthony Amaral, Jr., Chief IP Counsel of General Patent Corporation.

This settlement resolves claims against Haier in LaserDynamics, LLC v. Haier America Trading, LLC (1:13-CIV-09221) filed in the U.S. District Court for the Southern District of New York on December 31, 2013. LaserDynamics was represented by New York-based law firm Kroub, Silbersher and Kolmykov PLLC.

About General Patent Corporation
General Patent Corporation, headquartered in Suffern, N.Y., is a leading intellectual property boutique focusing on patent licensing and IP management. GPC represents inventors, small companies, universities and other patent owners in patent assertion matters. GPC also provides IP-related services as IP strategy and management, IP valuation and patent brokerage. Founded in 1987, GPC is the oldest patent monetization firm in the U.S. and is the manager of LaserDynamics LLC. For more information, visit

About LaserDynamics LLC
LaserDynamics, LLC owns and licenses U.S. Patent No. 5,587,981 "Multi-Standard Optical Disk Reading Method Having Distinction Process." LaserDynamics is a wholly-owned subsidiary of Kamatani Technologies LLC which is a subsidiary of, and is managed by, General Patent Corporation. A non-exclusive license under this patent is available on fair, reasonable and non-discriminatory terms. For licensing terms, please contact Anthony Amaral at (845) 368-4000 x110. For more information on LaserDynamics LLC visit

About General Patent Corporation

General Patent Corporation is the leading patent licensing and enforcement firm, managing and financ patent litigation on a contingency basis.Less..

Contact Information

General Patent Corporation
Alec Schibanoff
Montebello Park
Suffern, New York
Phone : 845-368-4000 Ext 116

Published in:

Legal / Law > Law Technology

Published On:

April 10, 2014

Print Release:

Print Release

If you have questions regarding information in this press release contact the company listed above. is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.

Related Releases

Getting Professional Help For Filing Bankruptcy Is Now Easier With
Consumers can now get professional assistance when they are facing serious financial problems and need to file Bankruptcy Omaha.

GM Settlement Law Firm Launches New Website to Assist Injured Clients was set up in an aim to provide clients better access to legal help and file a claim.

Feizy Law Revises Their Services Charges and Offers the Best Personal Injury Attorney in Dallas
There is good for people living in Dallas and FT. Worth, the famous legal firm, Fiezy Law has decided to lower its services charges. It has also been accredited for offering the services of the very best motorcycle accident in Ft. Worth.

LexisNexis® and Lawctopus Announce Collaboration
LexisNexis® collaborates with Lawctopus on several areas of mutual interest.

Corporate Law Advisers Helping Corporates to Deal with All Type of Corporate Actions…
Legeazy International, is facilitating industrial units and corporates to deal with all type of corporate actions and legal proceedings as per their needs…