Gevo (GEVO) Granted Motion to Stay by Appeals Court Over Bio-Isobutanol Sales

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Gevo, Inc. (Nasdaq: GEVO), reports that the Federal Circuit Court of Appeals granted Gevo's motion to stay a status quo order entered on July 6th by the U.S. District Court in Delaware. The status quo order had prohibited Gevo from selling bio-isobutanol to the automotive fuels market pending Butamax™ Advanced Biofuels, LLC's (Butamax) appeal of the District Court's decision denying its motion for preliminary injunction. In granting Gevo's motion, the Appeals court determined that Gevo had, at a minimum, "established a substantial case on the merits."

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