Menu
Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
ReedHycalog Patent Litigation
Halliburton will pay $30 million plus royalties to settle a patent dispute with National Oilwell Varco Inc.’s ReedHycalog division. The settlement includes a cross-licensing agreement that allows Halliburton to continue using the products involved in the dispute. ReedHycalog alleged that Halliburton, along with two other oilfield services companies, manufactured, leased, used and/or sold various kinds of drill bits and cutters that infringed ReedHycalog’s patents.
- Misconduct Type
- Intellectual Property
- Enforcement Agency
- Non-Governmental
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Settlement
- Date of Announcement
- 6/23/2008
Contractors Involved |
Penalty |
Total |
|
Halliburton |
$30,000,000
|