Legal quagmire thickens in hydrogen-injection dispute
Hy-Drive Technologies Ltd. announced today that the Ontario Superior Court has slapped an interim injunction on Canadian Hydrogen Energy Company Ltd., which has been accused of “exploiting assets which are alleged to have been unlawfully acquired from Global Tech.”
Global Tech Environmental Products Inc. appears to be an earlier company whose assets related to hydrogen injection are under dispute. Seems Hy-Drive and Dynamic Fuel Systems Inc., another party to the case, have teamed up against CHEC to stop the company from using these assets.
Even if this hydrogen-injection technology works the way these companies claim it does, this lengthy legal dispute doesn’t inspire much confidence. For a bit of background, check out this previous post.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
January 4th, 2006 at 6:30 pm
And back at ya, eh:
Canadian Hydrogen fights injunction sought by Hy-Drive and allies
http://www.fuelcellsworks.com/Supppage4235.html
I found another one; met the guys and am waiting for proof.
http://ihsresearch.com/