Court cases between the parties will be dismissed.
The following is a press release from BRP…
Quebec, Canada (November 2, 2020) – Bombardier Recreational Products Inc. (BRP) and Arctic Cat, a Textron company, have reached a global settlement of the ongoing intellectual property disputes between them. Under the terms of the confidential settlement agreement, the two court cases still active between the parties in the US and in Canada will be dismissed.
Among the matters resolved is the dispute related to BRP’s rider-forward patents and Arctic Cat’s full-size snowmobiles with pyramidal frame designs. As a result, Arctic Cat and its Canadian dealers will be allowed to immediately resume the sale and delivery of its full lineup of snowmobiles in Canada.
Arctic Cat and BRP have pledged to continue to work together for the betterment and expansion of the snowmobile industry for all riders and associations.
For more information, visit www.brp.com or arcticcat.txtsv.com
