ArrivalStar said to reach nuisance settlements in at least two of 10 dismissed cases, assigned patents to new company called Shipping and Transit

ArrivalStar SA and Melvino Technologies, the patent monetization companies run by Martin Kelly Jones, appear to have reached nuisance settlements with at least 2 of about 10 defendants accused of infringing on their patents for technology that allows for the tracking and messaging of the status of vehicles or packages. The privately held companies, which [...]

By | May 28th, 2015|Patent Investing, Patent Trolling|Comments Off on ArrivalStar said to reach nuisance settlements in at least two of 10 dismissed cases, assigned patents to new company called Shipping and Transit

Supreme Court’s majority ruling in Commil USA said to be encouraging for NPEs

Patent monetization companies should be encouraged by the U.S. Supreme Court’s decision in Commil USA v. Cisco Systems Inc. because, although the justices noted the public policy problem of so-called patent trolls, they interpreted the law in a reasonable way, some attorneys said. In a 6-2 opinion written by Justice Anthony Kennedy, a majority of [...]

By | May 28th, 2015|Patent Investing, Patent Trolling|Comments Off on Supreme Court’s majority ruling in Commil USA said to be encouraging for NPEs

Court denies motion to stay Marathon’s infringement case against Volkswagen and other car companies

A U.S. District Court in Los Angeles denied a motion to stay patent litigation brought by Signal IP Inc., a unit of Marathon Patent Group (MARA) against Mazda Motor of North America and about a dozen other car companies, pending the outcome of a number of petitions for inter partes review and ex parte reexaminations [...]

By | May 27th, 2015|Patent Investing|Comments Off on Court denies motion to stay Marathon’s infringement case against Volkswagen and other car companies

Unwired Planet to appeal district court’s ruling of non-infringement in suit against Apple

Unwired Planet Inc. (UPIP), the patent monetization company soon to be overhauled by incoming CEO Boris Teksler, is planning to appeal a U.S. District Court in San Francisco’s ruling throwing out claims of direct and indirect infringement in three of four patents allegedly infringed by Apple Inc. (APPL). Judge Vince Chhabria on May 26 approved [...]

By | May 27th, 2015|Patent Investing|Comments Off on Unwired Planet to appeal district court’s ruling of non-infringement in suit against Apple

ITUS posts second quarter net loss of $2.23M on higher expenses, meager revenue

ITUS Corp., the patent monetization company run by CEO Robert Berman, said late Friday it posted a second quarter net loss of $2.24 million as litigation costs outstripped meager revenue. The Los Angeles-based company’s net loss per share of 1 cent, compared with a net loss of $3.26 million, or 3 cents a share a [...]

By | May 26th, 2015|Patent Investing|Comments Off on ITUS posts second quarter net loss of $2.23M on higher expenses, meager revenue

(Update1) Judge grants summary judgment on non-infringement, invalidity to Ericsson against WiLAN

A U.S. District Court judge as expected granted summary judgment to Ericsson Inc., which had been sued for infringement of patents owned by WiLAN Inc. (WILN) related technology that seamlessly transfers communications between Wi-Fi and cellular wireless networks. “The court finds that the most-favored licensee provision in the Patent and Conflict Resolution Agreement between LM [...]

By | May 22nd, 2015|Patent Investing|Comments Off on (Update1) Judge grants summary judgment on non-infringement, invalidity to Ericsson against WiLAN

Pharmaceutical industry wants Senate to consider standing requirement for IPRs in patent reform

The pharmaceutical industry is lobbying hard for changes to the Senate’s patent reform bill that would protect the industry from so-called reverse trolls who use the inter partes review process to invalidate patents while shorting stocks. Sen. Charles Grassley, Republican of Iowa, chairman of the Judiciary Committee, said in an committee executive business meeting Wednesday [...]

By | May 22nd, 2015|Patent Investing, Patent Trolling|Comments Off on Pharmaceutical industry wants Senate to consider standing requirement for IPRs in patent reform

Senate’s version of patent reform said to be preferable to House’s, though concerns about unintended consequences remain

The Protecting American Talent and Entrepreneurship Act expected to be marked up by the Senate in early June is seen as a mostly fair compromise by the patent monetization industry though changes during the expected mark up could create a disaster. The Patent Act, which is sponsored by Sen. Charles Grassley, Republican of Iowa and [...]

By | May 22nd, 2015|Patent Investing, Patent Trolling|Comments Off on Senate’s version of patent reform said to be preferable to House’s, though concerns about unintended consequences remain

Patent suits declined 13% and non-practicing entities had less success than operating companies in 2014, study says

The number of patent lawsuits declined 13% in 2014 and non-practicing entities were less successful than practicing entities, according to a study published May 20 by PricewaterhouseCoopers. The consulting firm said the decline was the first since 2009 and was driven by the U.S. Supreme Court’s decision limiting the eligibility of software patents in Alice [...]

By | May 21st, 2015|Patent Investing, Patent Trolling|Comments Off on Patent suits declined 13% and non-practicing entities had less success than operating companies in 2014, study says

WiLAN acquires Wi-Fi to cellular patents, awaits likely dismissal of infringement claim against Ericsson

WiLAN Inc. (WILN), the patent licensing company run by CEO Jim Skippen, said on Thursday its wholly-owned subsidiary, Mobile Data Off-Loading Inc., has acquired a portfolio of patents that relates to technology that seamlessly transfers communications between Wi-Fi and cellular wireless networks. Meanwhile, the Ottawa-based company is awaiting a ruling from Judge Donald Middlebrook, of [...]

By | May 21st, 2015|Patent Investing|Comments Off on WiLAN acquires Wi-Fi to cellular patents, awaits likely dismissal of infringement claim against Ericsson