Crocs settles footwear patents lawsuit with Shaka Holdings
16 Jun '06
2 min read
Footwear retailer Crocs Inc and Shaka Holdings Inc announced that they have agreed to settle a lawsuit concerning Crocs' proprietary footwear, pending in the United States District for the District of Colorado and alleging that Shaka infringed Crocs' US Patents (Nos. 6,993,858 B2 and D517,789), and its trade dress; and an administrative action pending in the International Trade Commission alleging unfair acts concerning the importation of infringing footwear.
The lawsuit was resolved this week with the entry of a Consent Judgment finding that Shaka's 'Shaka Shoes' may have infringed Crocs' patents, and that the Crocs' patents are presumed to be valid.
The administrative action was resolved with the filing of joint motion to terminate the ITC Action against Shaka based on the settlement agreement. As part of the settlement, Shaka has agreed to not infringe Crocs' patents and trade dress in the future, and Crocs has released Shaka and its customers of any past liability.
Crocs Inc is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the crocs brand. All of our footwear products incorporate our proprietary closed-cell resin material, which we believe represents a substantial innovation in footwear comfort and functionality.
marketing@alchempro.com
