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F & D ?


D.R.D.

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On July 16, 2013, F&D Defense LLC, a competing firearms manufacturer from New Braunfels, Texas, sued LWRC International for libel and business disparagement, asserting a liability owed by LWRC International in the amount of $17.9 million.[3] F&D alleged that LWRC International denied and then made false public statements that F&D's owner, Corby Hall, never performed any work on their technical data. LWRC International has not made any public statement of rebuttal relating to the lawsuit with F&D Defense LLC.[4]

On February 20, 2014, F&D Defense LLC announced its claim to ownership of Intellectual Property used by LWRC International. Also on February 20, 2014, The Firearms Blog reported that LWRC International was reportedly being purchased by Colt's Manufacturing Company for $60 million and would close the deal on March 1, 2014.[5]

On February 24, 2014, F&D filed a correction of inventorship lawsuit[6] on patent no. 8,342,075[7] against LWRC International. F&D claimed that its owner, Corby Hall, while being contracted to perform engineering work for LWRC in 2006, independently invented core features which were then incorporated by LWRC International into its products.

Litigation between the two companies was dropped after an apparent agreement was reached between F&D Defense and LWRC International, LLC. The following was published on the F&D website following the agreement: "F&D Defense LLC is pleased to announce that it has entered into an agreement with LWRC International, Inc., in which the parties resolved the pending litigation between them. F&D regrets the statements that were made about LWRCI by a former employee. F&D agrees that LWRCI is the proper owner of U.S. Patent No. 8,342,075, entitled “Receiver for an Auto-loading Firearm”, and that the patent is valid and enforceable. The company is pleased that, as part of the agreement, LWRCI has licensed F&D to use that patent"

 

Taken from WikiPedia

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