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Shoe retailer Crocs settles lawsuit

09
Jun '06
Shoe company Crocs Inc and Acme EX-IM Inc has announced that they have agreed to settle a lawsuit concerning Crocs' proprietary footwear, pending in the United States District for the District of Colorado and alleging that Acme EX-IM infringed Crocs' US Patents (Nos. 6,993,858 B2 and D517,789), and its trade dress; and an administrative action pending in the International Trade Commission alleging unfair acts concerning the importation of infringing footwear.

The lawsuit was resolved today with the entry of a Consent Judgment finding infringement by Acme EX-IM's 'Pali Clogs,' and that the Crocs' patents are valid.

The administrative action was resolved with the filing of joint motion to terminate the ITC Action against Acme EX-IM based on the settlement agreement. As part of the settlement, Acme EX-IM has agreed to not infringe Crocs' patents and trade dress in the future, and Crocs has released Acme EX-IM and its customers of any past liability.

Crocs Inc is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the crocs brand.

Crocs Inc


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