Bradley and Lawler Enter Settlement Agreement
Bradley Corp. (Menomonee Falls, WI) and Lawler Manufacturing Co., Inc. (Indianapolis, IN) have entered into a settlement agreement as a result of a patent infringement lawsuit filed by Lawler against Bradley. In the agreement, Bradley acknowledges the infringement on portions of two specific Lawler patents (U.S. Patent No. 5,323,960 and U.S. Patent No. 5,647,531) associated with Lawler's thermostatic mixing valves technology. Bradley acknowledges these U.S. patents as valid and will market six thermostatic mixing valves under a licensing agreement from Lawler. Lawler will continue to market thermostatic mixing valves to the commercial/industrial plumbing industry.