EnWave Corporation announced on the 23rd of September that it has reached global settlements of its civil claim in the Supreme Court of British Columbia against EnWave's former CEO, Timothy Durance, as well as three other former EnWave employees: Gary Sandberg, Bino Anand, and Reihaneh Noorbakhsh.
According to the settlement, Mr. Durance, Mr. Sandberg, and Mr. Anand, together with three companies associated with Mr. Durance, including Dehydration Research, LLC and Durance Technologies. Inc. (collectively, the "Durance Defendants"), are permanently restrained and enjoined from, directly or indirectly, selling, attempting to sell, supplying, delivering, or installing vacuum microwave dryers. The Durance Defendants are also obligated to assign all issued and pending patents in the name of the Durance Defendants to EnWave.
EnWave has also reached settlements with all other defendants named in its civil claim, including B.C. Hop Company and Peregrine Precision Systems.
For more information:
Enwave Corp.
enwave.net