Frito Lay of North America recently resolved their legal issue over patent rights. The company was working to attain the patent rights for the bio-based multi-layer films used in packaging their products.
The collaborative agreement was made between the Frito-Lay company and Innovia Films Ltd. The end result was a strong patent position for Frito Lay while allowing Innovia to practice under said patents which include use or resale of Innovia products by global customers for bio-based products. According to the CEO of Innovia Films, the agreement is beneficial to the company and will allow them to further product development and supply of these eco-friendly, renewable and compostable films.