This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Litigation is almost always recommended to be avoided , whether because of the sheer amount of time needed to get a court date, the expensive costs for the client and law firm, or the risks associated with receiving an unfavorable judgement. They do not practice, develop, manufacture, or otherwise commercialize the patent.
There is absolutely no doubt that at least some bad-acting patent owners continue to engage in a systematic game of extortion that leverages judicial inefficiencies and the often-outrageous costs of fighting and winning even when there is absolutely no merit to the patentinfringement allegations.
The term ‘PatentTroll’ originated in 1994 in an educational video by Paula Natasha Chavez called the ‘Patents Video.’ ’ A patenttroll is a term used for describing a company that uses PatentInfringement claims to win arguments and court judgments for profit or to stifle competition.
Introduction Patenttrolls are entities that do not actively develop their inventions but instead acquire patent rights for obvious inventions to prevent others from working on them or to collect licensing fees. In a way, patenttrolls serve a purpose, much like lawyers.
In so doing, AG Wasden seeks to defend the constitutionality of a 2014 Idaho statute, the Bad Faith Assertions of PatentInfringement Act (BFAPIA), which, among other things, requires patent-owning companies to put up a bond covering litigation costs if defendants can demonstrate a reasonable likelihood the suit was in bad faith.
Tod Tumey is a Houston-based patent attorney who represents Voice Tech Corp. Back in 2021, VoiceTech sued Mycroft for patentinfringement. The PTO has apparently determined that the asserted claims are not patentable, but that case will be appealed to the Federal Circuit. Tod Tumey v. Mycroft AI ( 8th Cir.
Individuals and companies commonly engage in the strategic purchasing of critical blocking patent portfolios. For example, the rise of patenttrolls, who litigate cheaply-bought patents, use the IP system as a legal weapon. Moreover, damage demands in litigation cases involving IP are rising.
A number of small providers are receiving patent demand letters with a settlement or licensing offer to avoid litigation. Many of these letters are a typical part of the playbook of entities that have been variously called “non-practicing entities” (NPEs) or “patenttrolls.” How should you respond? Should you respond?
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). This installment will focus on NPE litigation as a whole, and what to expect in 2023. “Everyone infringes” is an NPE’s dream.
On September 30, 2016, a federal jury in Texas ordered Apple to pay $302 million in damages to VirnetX for violating two of its patents, including patented software used in Apple’s FaceTime and iMessage applications.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Many high-volume NPEs are subsidiaries of a larger company that segregates liability by creating separate LLCs for each subset of their patent portfolio.
In 2001, six years before the iPhone appeared, a futurist named Ray Kurzweil wrote that humankind would cram 20,000 years of technological progress into the century that had just begun.
In 2024, several key developments are shaping the way patents are filed, enforced, and litigated. Patent Eligibility and Emerging Technologies: One of the key challenges facing patent law is determining the patent eligibility of emerging technologies.
The chaotic state of the world today makes it increasingly difficult for American companies to compete. Russian hostility has the democratic world on edge, U.S. inflation is at a 40-year high and hitting consumers hard, and China continues its aggressive push for economic and technological dominance.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content