A federal bankruptcy judge in Atlanta has levied a $457.8 million judgment against one of the world's largest forest products companies. Judge Margaret H. Murphy found that, by failing to have licenses for patents, Weyerhaeuser Co. violated contract warranties when it spun off its disposable diaper division as a "liability-laden subsidiary." The judge chastised Weyerhaeuser for producing a generic disposable diaper that infringed on patents held by competitors Procter & Gamble and Kimberly-Clark.
Weyerhaeuser Faces $458M Judgment
April 13, 2005