The acquisition made a farce of a three-year legal wrangling between Morris Material Handling and Konecranes Inc. about competition for aftermarket parts, previously scheduled for trial in August. In the case, Konecranes sued for the return of a deposit of $250,000 it paid Morris during the initial stages of a previous acquisition that fell through.
Previously, MMH sued Konecranes for a trademark violation. Of course, Konecranes has always disputed these allegations.
Konecranes confirmed to Hoist this week: “All pending law suits have now been closed.”
