Energy Transfer’s Sunoco, Magellan Midstream Settle Patent Suit

摘要

Sunoco Partners Marketing & Terminals, a unit of Energy Transfer Partners, had alleged that a blending system installed along an interstate pipeline by Magellan Midstream Partners andPowder Springs Logistics, infringes patents for injecting butane into gasoline.1. Jury trial on liability had been slated for later this month, with separate jury trial on damages to follow, if necessary2. Parties “have executed a negotiated term sheet for settlement of litigation memorializing the material terms of a settlement,” according to stipulation and proposed order filedWednesday but not yet approved in federal court in Wilmington, Delaware2.1 Trial and all remaining deadlines would be postponed to a date to be determined, if necessary2.2 Parties must file status report within 30 days if stipulation of dismissal hasn’t been filed by then.