Farrel was awarded $7.3 million in a court settlement with Pomini
of Castellanza, Italy and its U.S. subsidiary. The Farrel suit claimed
that Pomini illegally used Farrel's technology, designs and
drawings to sell competing products in global markets after a trademark
and technology license between the companies expired in 1985. In its
findings, the International Court of Arbitration in Paris said that
Pomini could no longer claim that its machine components, including
batch and continuous mixers, were interchangeable with genuine
Fartel-designed parts. Following the ruling, Pomini commented:
"While Farrel is trying to make this appear as a victory, the fact
is that Pomini achieved the result it sought from the arbitration."
Pomini says Fan'el failed to convince arbitrators that Pomini
should be barred from competing with Fartel in the internal mixer market. As a result, Pomini is free to continue to use all of its
technology in world-wide competition with Fartel. Farrel is now pursuing
claims against Pomini in an investigation into unfair imports that is
pending before the International Trade Commission in Washington, D.C.