ITUS to appeal claims construction ruling in case against Microsoft to Federal Circuit

ITUS Corp. (ITUS), the patent monetization company run by CEO Robert Berman, said its wholly owned subsidiary, Secure Web Conference Corp. has filed a notice of appeal with the U.S. District Court in Brooklyn, N.Y. The Melville, N.Y-based company said the notice is the first step of the process of filing its appeal in the [...]

By | January 22nd, 2015|Patent Investing|Comments Off on ITUS to appeal claims construction ruling in case against Microsoft to Federal Circuit

Hipcricket seeks bankruptcy protection to facilitate sale to stalking horse SITO Mobile

Hipcricket Inc. (HIPP), the money losing mobile marketing company that at one time pursued an active patent litigation strategy, filed for Chapter 11 bankruptcy protection yesterday. The Bellevue, Washington-based company said today it filed the bankruptcy petition in U.S. Bankruptcy Court in Delaware to facilitate an asset purchase agreement it entered into with SITO Mobile [...]

By | January 21st, 2015|Patent Investing, Patent Trolling|Comments Off on Hipcricket seeks bankruptcy protection to facilitate sale to stalking horse SITO Mobile

U.S. Supreme Court over rules Federal Circuit saying Teva’s patents are valid in dispute with Sandoz

The U.S. Supreme Court today ruled in favor of Teva Pharmaceutical Industries Ltd. (TEVA), the maker of a multiple sclerosis drug called Copaxone, which rival Sandoz Inc. sought to manufacture as a generic, vacating a Federal Circuit ruling that invalidated the patents at issue after a reassessment of the facts. Jerusalem-based Teva sued Sandoz, a [...]

By | January 20th, 2015|Patent Investing|Comments Off on U.S. Supreme Court over rules Federal Circuit saying Teva’s patents are valid in dispute with Sandoz

DSS, Pendrell write down value of patent portfolios after adverse rulings

Patent assertion companies Document Security Systems Inc. (DSS) and Pendrell Corp. (PCO) recently have been forced to write down the value of patent portfolios they’ve acquired after adverse court rulings. The write downs come after a series of major changes in the IP market including the America Invents Act and the U.S. Supreme Court’s ruling [...]

By | January 15th, 2015|Patent Investing|Comments Off on DSS, Pendrell write down value of patent portfolios after adverse rulings