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Court dismisses Cooper Tire shareholder lawsuit

The US District Court in Delaware has dismissed the class action against Cooper Tire & Rubber that followed the unsuccessful Apollo Tyres acquisition attempt. The lawsuit, which was filed in January 2014, alleged the tyre maker, along with CEO Roy Armes and CFO Bradley Hughes, violated US federal securities laws by misrepresenting its financial condition, financial prospects, and the effectiveness of its internal controls. The action was filed by law firms Entwistle & Cappucci LLP and Bernstein Litowitz Berger & Grossmann LLP on behalf of Cooper Tire investors OFI Risk Arbitrages, OFI Risk Arb Absolu and Timber Hill L.L.C.

8th July 2015/by Tyrepress Editors

Chinese court victory for Bridgestone design lawsuit

A court in China has ruled in favour of Bridgestone Corporation, determining that two Chinese companies, Jianxin Rubber (Fujian) Co. Ltd and PT.Beststone Rubber Industries Co. Ltd., infringed the Japanese tyre maker’s design rights. The Zhengzhou Higher People’s Court ruled that a pre-cure tread the companies manufactured and sold for truck and bus tyres violated Bridgestone’s design rights.

5th January 2015/by Tyrepress Editors

TreadWright tyre tread patent lawsuit settled, says Bridgestone

International News

A settlement has been reached between Bridgestone Americas Tire Operations and Houston-based TreadWright and TreadWright Tires regarding the alleged infringement of Bridgestone’s licensed design patent rights.

2nd December 2014/by Tyrepress Editors

Copycat tread leads to Bridgestone lawsuit

International News

Bridgestone Americas Tire Operations has filed a patent infringement and unfair trade practices suit against US based retreader and price-driven online tyre retailer TreadWright, claiming the company copied the tread design on its Dueler A/T Revo tyre, which is protected by a 2003 patent. According to Bridgestone, TreadWright initially used the design on its Sentinel tyre. After it issued a cease-and-desist letter to the company in 2013, TreadWright stopped selling that tyre and released a new tyre, called the Watchman, which, according to Bridgestone, had the same tread design.

24th April 2014/by Tyrepress Editors

Bridgestone wins trademark lawsuit against Chinese firms

Company News, International News

A Chinese court has ruled that a tyre maker’s use of the Besttone name and a logo similar to that of the Bridgestone tyre brand constitutes trademark infringement. As a result, production and sales of the Besttone brand must now stop and Chinese firm Shenzhen Momentum Star Tyre Co., Ltd. and its affiliate Hangzhou Hangyou Rubber Products Co., Ltd. must pay Bridgestone damages.

24th January 2014/by Tyrepress Editors

Amiens lawsuit seeks to block Goodyear plant closure

Company News, International News, News

When Maurice Taylor visited Goodyear’s plant in Amiens, France, he claims to have observed workers talking for several hours a day instead of getting busy with the tasks they were paid to do, and when he challenged them about this they replied it was “the French way.” Now the Amiens plant workers are engaging in a behaviour more in line with the American way – they have sued Goodyear Tire & Rubber.

10th April 2013/12,345 Comments/by Tyrepress Editors

Man in ad not Kevin Butler, says Bridgestone

Bridgestone apparently does not intend to take Sony’s lawsuit lying down. According to entertainment industry publication The Hollywood Reporter, Bridgestone claims that the Kevin Butler character doesn’t even occur in the North American commercials featuring actor Jerry Lambert.

9th October 2012/by Tyrepress Editors

Bridgestone facing lawsuit for Kevin Butler appearance

Bridgestone Americas is one of the defendants named in a lawsuit filed by Sony Computer Entertainment America. The tyre maker is in hot water along with Wildcat Creek, Inc – a company owned by actor Jerry Lambert – for using Sony-developed character Kevin Butler to sell non-Sony products.

8th October 2012/by Tyrepress Editors

Chinese court confirms Bridgestone’s lawsuit victory

Bridgestone Corporation reports success in its lawsuit against Chinese manufacturer Guangming Tyre Group regarding the infringement of its design patent rights. The case began in May 2011, when Bridgestone filed a lawsuit in the Beijing Second Intermediate People's Court, alleging its design patent rights were violated by Guangming Tyre Group. Specifically, Bridgestone claimed Guangming was manufacturing and selling tyres that used the Japanese tyre maker’s patented truck and bus tyre tread patterns. Guangming produces tyres under the Heshan and Chaoyinsu brand names.

16th March 2012/by Tyrepress Editors

Mel settles Green Rubber share spat

Celebrity news and gossip site tmz.com reports Mel Gibson has settled the tyre tech-related lawsuit brought against him by Nader Sherif. The settlement involves Gibson’s payment of an undisclosed sum to Sherif, and further details have not been made public.

3rd February 2012/by Tyrepress Editors

Amtel-Vredestein ordered to pay 42.3M euro debt

The Russian Legal Information Agency reports a Russian court has ordered Amtel-Vredestein N.V. to pay TIRE Invest the 42.3 million euros sought in relation to an unpaid loan. In 2007 the former owner of the Vredestein brand entered into a loan agreement with Nomos-Bank, and this was set to mature in 2009. When Amtel-Vredestein failed to repay the loan in due time, the bank filed a lawsuit against the borrower and its guarantors.

10th November 2011/by Tyrepress Editors

Bankruptcy, legal action – all in a week’s work at ShengdaTech

De-listed Chinese firm ShengdaTech has filed for bankruptcy under Chapter 11 of the US Bankruptcy Code. In announcing this action, the nano-precipitated calcium carbonate manufacturer says the Chapter 11 process will “facilitate the company's financial and operational restructuring, with the objective of restoring the company to financial health.” Under Chapter 11, ShengdaTech is permitted to continue trading and managing its assets as usual. Also announced on 22 August was the appointment of Michael Kang, a managing director at global professional services firm Alvarez & Marsal, as Shengdatech’s chief restructuring officer. In this capacity Kang will “lead the company’s restructuring effort.”

25th August 2011/by Tyrepress Editors

Bridgestone says lawsuit against employee’s “appalling” action is “without merit”

US publication Tire Review says Bridgestone Americas has referred to the actions of one of its former employees, which resulted in a homeless man suffering significant injuries, as “appalling and senseless. The 64-year-old homeless man, Ruben Sandoval, suffered third-degree burns on his arms and face on January 2, 2010, when a service technician working at a Firestone Complete Auto Care store in California tried to scare the man away by dousing his shopping trolley with petrol and setting it on fire.

15th August 2011/by Tyrepress Editors

Legal gag sought to silence former Goodyear employee

Goodyear Tire & Rubber is reported to have filed a suit against Continental Tire the Americas and aims to block Continental, via court order, from hiring one of its former managers. According to US industry publication Tire Review, Goodyear fears the former facility manager will take the company’s trade secrets with him and share them with Continental. The suit has been lodged with the United States District Court in the Northern District of Ohio.

17th June 2011/by Tyrepress Editors

Legal Opinion on Washington Tire Pending

The Port of Ephrata, an inland industrial area located in the US state of Washington, is awaiting a legal opinion from its attorney about proceeding with Washington Tire's prospective factory. Local newspaper the Columbia Basin Herald states that Washington Tire missed a recent deadline to supply documentation to the Port of Ephrata about the "legal authority" of company representative Abraham Hengyucius (whose real name, according to US publication Tire Review, is Hengyu Zhang) and the firm’s "legitimate incorporation".

15th September 2010/by Tyrepress Editors