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Deere & Company Reaches Settlement In Right-to-Repair Litigation

DE
Legal & LitigationRegulation & LegislationPatents & Intellectual PropertyCompany Fundamentals

Deere & Company announced a settlement to resolve the multidistrict "right to repair" litigation pending in the U.S. District Court for the Northern District of Illinois. Financial terms were not disclosed; the agreement removes ongoing litigation risk and could entail changes to Deere's repair/access policies and practices. The resolution is material for legal and policy risk but contains no disclosed monetary impact on the company.

Analysis

Deere & Company announced a settlement to resolve the multidistrict "right to repair" litigation pending in the U.S. District Court for the Northern District of Illinois. Financial terms were not disclosed; the agreement removes ongoing litigation risk and could entail changes to Deere's repair/access policies and practices. The resolution is material for legal and policy risk but contains no disclosed monetary impact on the company.

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