Greenville-based Michelin North America Inc. reached favorable settlement agreements with Atturo Tire Corporation and Svizz-One Corporation Ltd. regarding its patent infringement suit it filed on May 13 in U.S. District Court for the District of South Carolina in Greenville. The Michelin suit alleged that Atturo Tire Corporation and Svizz-One Corporation Ltd. infringed design patent U.S. D483,322 covering the Michelin Latitude Tour tread design. The parties agreed that the specific terms of the settlement would remain confidential.
“We are pleased with this litigation settlement,” said Scott Clark, Michelin North America COO. “In addition to recognizing the hard work of our employees, Michelin’s patents represent our company’s commitment to providing quality products to our customers.”