Michelin, Dynamic Settle Lawsuits

(Akron/Tire Review) Michelin and Dynamic Tire Corp. have entered into a settlement agreement resolving the infringement of intellectual property rights.

Published: October 5, 2006

According to Michelin, in return for Michelin dropping its U.S. and Canadian suits for patent infringement and other issues, Dynamic Tire, company president Robert Sherkin and parent corporation GPX International agreed they will no longer distribute the following tires: Aeolus HN305, Aeolus HN308, Aeolus HN328, Aeolus HN329, Triangle 689 and Triangle 696.

Dynamic also removed all versions of Michelin-copyrighted content from its Web site. Details of the financial settlement were not disclosed.

Dynamic has dropped its libel suits, filed in Canada, regarding press publications concerning the intellectual property litigations between the parties.

Ascot Supply Corp. promotes Mark Paquette to vice president

Paquette will work under the direction of current President David Kessler and officially begin his new role on June 3.

By Christian Hinton

Published: May 14, 2024

Ascot Supply Corporation, based in Newnan, Georgia, has selected Mark Paquette for the newly created position of vice president. In this position, Ascot Supply said Paquette will oversee the growth of the company's products, corporate profitability, manage marketing and advertising and assume many other responsibilities.

He will work under the direction of current President David Kessler and officially begin his new role on June 3. Paquette joined the tire and automotive industry in the early 1980s at his father's tire shop, and his contributions to Mohawk Rubber Sales were instrumental in the company's growth and eventual sale to Myers Tire Supply in 2021, according to Ascot Supply. Paquette eventually was given a promotion to the role of director of operations at Myers Tire Supply.