Crocs settles lawsuit
A lawsuit between footwear designer, manufacturer and marketer Crocs, Inc. and Acme EX-IM, Inc. has been settled. The suit alleged that Acme EX-IM infringed Crocs' 
 
The lawsuit was resolved with the entry of a Consent Judgment finding infringement by Acme EX-IM's "Pali Clogs," and that the Crocs' patents are valid. The administrative action was resolved with the filing of joint motion to terminate the ITC Action against Acme EX-IM based on the settlement agreement. As part of the settlement, Acme EX-IM has agreed not to infringe Crocs' patents and trade dress in the future, and Crocs has released Acme EX-IM and its customers of any past liability.