Fri, Jul 07, 2006
The long saga of the
Dyna-Cam engine program, which once hoped to revolutionize aviation
powerplant technology, seems to be over -- for good.
Axial Vector(TM) Engine Corporation tells ANN that on May 16,
2006, Axial Vector Engine Corporation signed a Settlement Agreement
and Mutual Release with Dennis Palmer and Patricia Wilks resolving
the litigation filed by Axial Vector Engine Corporation against
Palmer and Wilks over the purchase of the Dyna-Cam assets.
The settlement involved a confirmation by Palmer and Wilks of
the agreements of June 30, 2003 wherein Axial Vector acquired all
rights, titles, assets and interest to Dyna-Cam Engine Corporation,
including related websites and domain names.
As part of the agreement, the preliminary injunction granted to
Axial Vector on November 17, 2005 will remain in place as a
permanent injunction by Order of the Federal District Court
docketed on June 13, 2006. The injunction permanently bars Palmer
and Wilks and others acting in concert with them from:
- displaying, controlling, and/ or operation of the website www.dynacam.com
or any other domain containing the words "dyna-cam", "dynacam",
"Dyna-Cam", or "Dynacam";
- exhibiting any display, product, and advertisement bearing the
mark Dyna-Cam, "Dyna-Cam Engine", or "Dyna-Cam Engine Corporation",
and
- making, using, selling, marketing, and offering for sale
certain products using the name(s) and mark(s) containing the
words "dyna-cam", "dynacam", "Dyna-Cam", or Dynacam.
Dr. Raymond Brouzes, President and CEO of Axial Vector Engine
Corporation stated, "We are pleased to resolve this matter and
remove any cloud over our ownership of the Dyna-Cam engine and its
progeny."
More News
Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]
Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]
From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]
Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]
Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]