LG Electronics Ordered to Pay Costs to Whirlpool Corporation Following Trial Loss

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Oct 21, 2011, 08:00 ET

BENTON HARBOR, Mich., Oct. 21, 2011 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) today announced that the United States District Court in Chicago ordered LG Electronics to pay a substantial portion of Whirlpool Corporation's costs following the company's victory over LG in a lawsuit involving the Whirlpool steam dryer advertising. The Court's ruling reiterated Whirlpool as "the prevailing party to this lawsuit," and follows several previous victories by Whirlpool over LG in which the Court held that "Whirlpool has established that its dryers do, in fact, use steam."

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About Whirlpool Corporation

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of more than $18 billion in 2010, 71,000 employees, and 66 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world. Additional information about the company can be found at www.whirlpoolcorp.com.

SOURCE Whirlpool Corporation