Luxe Link Settles Patent Infringement Lawsuit
February 20, 2013-- Gifts & Dec,
SANTA MONICA, CA - Luxe Link LLC, a designer of high-end purse hook accessories, has reached a settlement of its patent-infringement lawsuit against online retailer Provide Commerce Inc.
The lawsuit filed by Luxe Link last year in Los Angeles federal court alleged that Provide Commerce infringed Luxe Link's U.S. Patent No. 7,644,900 and No. 8,061,669 by selling infringing purse hooks on its RedEnvelope.com website in direct competition with Luxe Link.
Luxe Link will receive $350,000 for Provide Commerce's past sales and Provide Commerce agreed to stop selling infringing purse hook accessories. Instead, Provide Commerce now has the opportunity to offer authentic Luxe Link purse holders to customers.
"We are delighted with the resolution of our dispute with Provide Commerce. We will continue to enforce Luxe Link's patent rights in all markets where our patents have been granted," said Luxe Link CEO, founder, and inventor Kalika Yap.
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