ProFrac Holding Corp. units and Liberty Energy Inc. asked the court for a pause as they resolve their trade secret and patent infringement dispute over electric hydraulic fracturing technology for oil and gas exploration.
The companies requested a 30-day stay of proceedings to finalize the settlement agreement, according to a joint motion filed Thursday in the US District Court for the Southern District of Texas.
The breach of contract, patent, and trade secret lawsuit stems from the May 2017 nondisclosure agreement ProFrac unit US Well Services and ST9—not affiliated with Liberty at the time—signed for discussion of a potential business ...
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