15 unchanged sentences
On July 5, 2021, AMA informed us that it has decided not to appeal the denial of June 24, 2021.
−Removed: We subsequently learned that AMA had also made a criminal complaint against our chief executive officer for defamation in
−Removed: connection with the Press Release.
+Added: We subsequently learned that AMA had also made a criminal complaint against our chief executive officer for defamation in connection with the Press Release.
On December 31, 2021, the local prosecutor, after reviewing the underlying facts, rejected AMA’s arguments and requested the judge overseeing the matter to dismiss the complaint against our chief executive officer, which the judge did in April 2022.
12 unchanged sentences
In June 2023, we and AMA each filed observations on the preliminary report from the technical experts.
−Removed: In July 2023, the experts filed their final report, which confirmed the conclusions from their preliminary report.
+Added: In July 2023, the experts filed their final report,
+Added: which confirmed the conclusions from their preliminary report.
On July 26, 2023, we filed a motion for preliminary injunction requesting the court to enjoin AMA’s sale of infringing aerogel products supplied by Nano Tech Co.
2 unchanged sentences
On November 7, 2023, we appealed the judge’s decision to a panel of the Court of Genoa and a hearing was held on November 29, 2023.
−Removed: As of December 31, 2023, the main patent infringement proceedings are ongoing, and the appeal decision is pending.
+Added: In February 2024, the Court issued an order dismissing our appeal, and the proceedings continued throughout 2024.
+Added: In January 2025, we reached a mutual agreement to resolve our patent infringement action against AMA, and the Court issued an order removing the case from the docket on January 28, 2025.
+Added: This settlement concludes our legal action against AMA regarding the unauthorized sale of infringing aerogel insulation materials in Europe.
• On April 18, 2023, we filed a patent infringement complaint at the Seoul Central District Court and a petition for investigation of unfair trade practices in the Korea Trade Commission (KTC).
13 unchanged sentences
On August 17, 2023, we submitted responses to the answers from Beerenberg and Bronx.
−Removed: From September through November, the parties submitted opinions regarding validity and infringement to the KTC.
−Removed: As of December 31, 2023, the KTC proceedings are ongoing, and there have been no substantive activities in the District Court case.
+Added: In April 2024, the Korea Trade Commission (“KTC”) concluded its investigation into unfair international trade practices by Beerenberg Korea Ltd.
+Added: and Bronx (China) Co., Ltd., with a decision that our asserted composition patent claims were invalid and our asserted process patent claims were not infringed.
+Added: The KTC decision is under appeal in the Seoul Administrative Court.
+Added: In October 2024, the Korean Intellectual Property Trial and Appeal Board (“IPTAB”) issued decisions in invalidation actions filed by Beerenberg Korea Ltd.
+Added: against our patents finding the patents invalid.
+Added: In November 2024, the Korean IPTAB issued a decision in the invalidation action filed in September 2023 by LG Chem Ltd.
+Added: against one of the Korean patents opposed by Beerenberg, also finding the patent invalid.
+Added: In December 2024, the Korean IPTAB issued decisions in invalidation actions filed by Bronx (China) Co., Ltd.
+Added: against our process patents finding the patents invalid.
+Added: We disagree with the IPTAB decisions in the Beerenberg, LG Chem, and Bronx oppositions.
+Added: We disagree with the IPTAB decisions in both the Beerenberg and LG Chem oppositions.
+Added: Pro forma appeals at the Korean IP High Court were filed in January 2025 in the Beerenberg oppositions and in February 2025 in the LG Chem opposition.
+Added: The Bronx opposition decisions are also subject to appeal to the Korean IP High Court.
+Added: Our patent infringement case against Beerenberg Services AS and Beerenberg Korea Ltd.
+Added: at the Seoul District Court remains stayed pending the final outcome of the IPTAB proceedings and the associated appeals.
+Added: The opposition filed in August 2023 by LG Chem Ltd.
+Added: at the Japanese Patent Office against a Japanese counterpart of the Korean patents was concluded in our favor with a decision to maintain the patent and issuance of new Certificate of Patent on May 3, 2024.
Other Litigation Matters
5 unchanged sentences
In July 2023, we filed a motion to compel arbitration, and in February 2024, the Court granted our motion and stayed the litigation pending arbitration.
+Added: On March 7, 2024, APN filed a Notice of Appeal, indicating its intent to appeal the Court’s decision ordering arbitration.
+Added: However, APN has yet to perfect its appeal.
To the extent APN seeks to pursue claims in an arbitration proceeding, Aspen intends to continue to vigorously defend this matter, including seeking its legal costs.
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.