New Time Trade Company Settles with Canon

Canon Inc. of Tokyo, Japan, reported today that it and N.T.T. New Time Trade GmbH, also doing business under “New Time Trade Company,” as well as its managing director, agreed to resolve their pending patent-infringement dispute by signing a settlement agreement.

N.T.T. New Time Trade GmbH accepted a preliminary injunction (docket no. 4a O 130/17) issued by the District Court Düsseldorf in Germany based on the infringement of the German portion of Canon’s European Patent EP 2 087 407 B1 as final and binding between the parties. Further details of the settlement agreement are confidential.

New Time Trade is a seller of third-party, remanufactured toner and ink cartridges.

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