(Update1) Fortress bets that going big is the secret to success in patent monetization

Fortress Investment Group, a unit of Japan’s Softbank Technology Group, has given Eran Zur, the head of its intellectual property investing arm, some $400 million to bet on what a partner Craig Etchegoyen once called a coming golden age of patent monetization, in the midst of the worst market for patent investing in a decade [...]

By | October 12th, 2018|Patent Investing, Patent Trolling|0 Comments

FTC is urged to reign in predatory companies who infringe and refuse to take a patent license

The Federal Trade Commission should reign in the predatory and unfair trade practices of large companies who use their market power to acquire new technologies invented and patented by third parties and systematically and intentionally infringe patents and refuse to pay for a license. That’s the recommendation of the Alliance of U.S. Startups and Inventors [...]

(Update4) ‘Ethical’ NPE iPEL touts $100M in funding firepower but offers little that is new in patent licensing

iPEL Inc., the new patent monetization company run by CEO Brian Yates, said it has raised $100 million in initial capital in May 2017 and over its first year acquired more than 1,000 distinct patent families to enforce against infringers. Pasadena, California-based iPEL touts itself as an “ethical non-practicing entity” or NPE, a phrase it [...]

President Trump would help U.S. tech companies more by strengthening U.S. IP system than by attacking China

President Trump may have to lead a revitalization of the U.S. Patent system if he really wants to succeed in combatting Chinese companies' China government sanctioned theft of U.S. innovation, patents and technology, patent market observers say. Earlier this month, the U.S. filed a complaint against China at the World Trade Organization in which it [...]

Reps. Stivers and Foster to introduce patent-owner friendly STRONGER Patent Act in the House

Representatives Steve Stivers (a Republican from Ohio) and Bill Foster (a Democrat from Illinois) are expected to introduce the House version of last year’s Support Technology & Research for Our Nation’s Growth and Economic Resilience (STRONGER) Patents Act, which was introduced in the Senate Even before it was introduced in the House the bill had [...]

Proponent of patent reform U.S. Rep. Bob Goodlatte says he won’t seek re-election

U.S. Representative Bob Goodlatte, Republican of Virginia and as chairman of the House Judiciary Committee an architect of the America Invents Act, said he will not seek another term. His decision comes two days after he raised concern about how a new tactic of using tribal sovereign immunity to shield patents from challenges through the [...]

By | November 9th, 2017|exec changes, Patent Investing, Patent Trolling, PTAB|0 Comments

Supporters, critics of tribal sovereign immunity from IPRs fear an unbalanced patent system

The controversy over tribal sovereign immunity from inter partes review challenges of patents set off by the Saint Regis Mohawk Tribe’s acquisition of patents from Allergan PLC and SRC Labs, appears to turn on the same issues that confronted Congress before the America Invents Act of 2011, namely an allegedly unfair playing field. Based on [...]

By | November 8th, 2017|Patent Investing, Patent Trolling, PTAB|0 Comments

Saint Regis Mohawk Tribe defends its Allergan deal in reply to opposition to dismiss IPRs

The Saint Regis Mohawk Tribe defended the controversial transaction in which Allergan Plc assigned patents for the chronic dry eye drug Restasis to the tribe for a promise to use its tribal immunity as a shield against inter partes review challenges before the Patent Trial and Appeal Board. The defense came in the form of [...]

Fortress is hoping to succeed in patent monetization where the NPEs it’s foreclosed upon have failed

2017 may go down in U.S. intellectual property market history as the year in which Fortress Investment Group (FIG) officially and grudgingly became a patent monetizer, often referred to as a non-practicing entity (NPE) and scurrilously as a so-called patent troll. That’s because the New York-based private equity firm, whose intellectual property investing unit has [...]

By | August 18th, 2017|Financing, Patent Investing, Patent Trolling, PTAB|0 Comments

Spherix shares soar as much as 40% on paid stock promotion touting its patents and investment in Hoth Therapeutics

Shares of Spherix Inc. (SPEX), the patent licensing company run by CEO Anthony Hayes, soared as much as 40% on Thursday Aug. 17 after a paid stock promotion sent out by Small Cap Street LLC, which highlighted the value of its 400 patents and the potential of its investment in Hoth Therapeutics. “A good portion [...]

By | August 17th, 2017|Patent Investing, Patent Trolling|0 Comments