U.S. Federal Magistrate Judge Recommends Invalidation of Jetaire Patents in Lawsuit Against AerSale
AerSale Corporation (ASLE)
Company Research
Source: Business Wire
CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (“AerSale”) announced a favorable recommendation by a U.S. Federal Magistrate Judge in AerSale’s lawsuit with Jetaire Aerospace, LLC, Jetaire Flight Systems, LLC (collectively “Jetaire”), and Jetaire’s owner Michael Williams, relating to AerSale’s AerSafe products that provide a means for mitigating the risk of a catastrophic fuel tank explosion on certain commercial aircraft, including Boeing 737-300/400/500, 737-600/700/800, 757- 200/300, 767-200/300 and 777-200/300, and the Airbus A319/320/321 family of aircraft.On December 17, 2020, Jetaire Aerospace filed a lawsuit against AerSale, alleging that AerSafe products infringe three patents held by Jetaire Aerospace (the “Jetaire Patents”). AerSale filed various counterclaims against Jetaire and Mr. Williams, including seeking declaratory judgments that (i) AerSale’s AerSafe products do not infringe upon the Jetaire Patents and (ii) the Jetaire Patents should b
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ASLE
Earnings
- 3/7/24 - Miss
ASLE
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- ASLE's page on the SEC website