A.E.R.T. patent litigation update.SPRINGDALE, Ark.--(BUSINESS WIRE)--April 3, 1996--Advanced Environmental Recycling Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) , AERTZ) announced today that the Company has recently received notice from the United States District Court for the District of Delaware The United States District Court for the District of Delaware is the Federal district court having jurisdiction over the entire state of Delaware. The Court sits in Wilmington. Currently, three judges and two magistrate judges preside over the court. , that on March 29, 1996, the Court entered an Order which STAYED the (Mobil) Plaintiff's Motion For Attorney Fees against AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team , and the (AERT) Defendant's Motion For A New Trial motion for a new trial n. a request made by the loser for the case to be tried again on the basis that there were significant legal errors in the way the trial was conducted and/or the jury or the judge sitting without a jury obviously came to an incorrect result. , based upon Discovery Misconduct, pending disposition of the pending appeal in the Court of Appeals for the Federal Circuit. Oral arguments on the Delaware case involving invalidity of four AERT patents by Mobil Oil were presented by both sides before the Federal Circuit Court of Appeals on Jan. 10, 1996, and the Appeals Court has the case currently pending before it. In the recently issued Order by United States District Judge Joseph J. Farnan, Jr., it was noted that "The Court believes it will be more efficient to address the above motions, if appropriate, upon conclusion of the present appeal." CONTACT: Advanced Environmental Recycling Technologies, Inc. Springdale David Chapman, 501/750-1299 |
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