Tier one auto supplier Nexteer settles ITC patent dispute involving steering columns incorporating rare earth magnets
Clients Nexteer Automotive Corporation
Jones Day represented Nexteer Automotive Corporation, a tier one supplier of major steering components to the auto industry, which was sued over alleged infringement concerning rare earth magnets contained in steering columns. Because the supply chain was at issue, this was a serious matter to our client. The case was settled favorably prior to hearing.
Certain Sintered Rare Earth Magnets, Methods of Making Same and Products Containing Same, Investigation No. 337-TA-855 (ITC)