ME2C Environmental says US District Court Magistrate Judge issues recommendation that its pending patent litigation should be allowed to move forward
Midwest Energy Emissions Corp. (OTCQB:MEEC), known as ME2C Environmental, has announced that on May 20, 2021, a US District Court Magistrate Judge for the District of Delaware issued a Report and Recommendation that pending patent litigation which commenced in 2019 should be allowed to move forward against 16 key refined coal process defendants named in such lawsuit.
“We are extremely pleased with the Court’s recommendation against those entities whom we believe have been infringing on our patented mercury capture technologies since the inception of the refined coal program,” said Richard MacPherson, CEO of ME2C Environmental. “The defendants in this case tried unsuccessfully to shut this case down altogether and deny us our day in court at trial but have failed.”
READ: ME2C Environmental sees revenue surge 171% to $3M in 1Q on strong sorbent product sales
“Coupled with the success we have already achieved in the patent litigation with each of the four major utility defendants named in such lawsuit, the strategic enhancements that ME2C Environmental has made in other areas of our business – from strengthening our balance sheet to removing debt and developing new technologies for vertical growth markets – allows our shareholders to finally realize the true value of our patented technologies,” concluded MacPherson.
ME2C Environmental is a leading environmental technologies company developing and delivering patented and proprietary emissions solutions to the global power industry. The company’s leading-edge services have been shown to achieve emissions removal at a significantly lower cost and with less operational impact than other used methods, while maintaining and/or increasing power plant output and preserving the marketability of by-products for beneficial use. ME2C Environmental is a trade name of Midwest Energy Emissions Corp.
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Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/950471/me2c-environmental-says-us-district-court-magistrate-judge-issues-recommendation-that-its-pending-patent-litigation-should-be-allowed-to-move-forward-950471.html
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