Mitsubishi Industries Ltd. and General Electric Co. announced on Monday that they’ve reached an “amicable settlement” to resolve five long-running patent and antitrust cases relating to wind turbine technology. The terms of the deal are mostly confidential, but the companies said it includes a cross-licensing agreement. The settlement follows several high-profile victories for GE’s lawyers at Wilmer Cutler Pickering Hale and Dorr; Weil, Gotshal & Manges; and Paul, Weiss, Rifkind, Wharton & Garrison.
GE kicked off the battle in February 2008 by suing Mitsubishi at the U.S. International Trade Commission. In late 2009 and early 2010, GE upped the ante with two additional patent infringement cases against Mitsubishi—one in U.S. district court in Dallas and one in U.S. district court in Corpus Christi, Texas.
