(Update1) Supreme Court denies Newegg petition to overturn denial of exceptional case fees against MacroSolve

The U.S. Supreme Court handed Newegg, the online computer retailer and its general counsel Lee Cheng another loss in an attempt to saddle a patent enforcer with exceptional case fees that effectively drive it out of business. The high court denied a petition for certiorari filed by Los Angeles-based Newegg in May against MacroSolve. The [...]

By | June 13th, 2016|Patent Investing|Comments Off on (Update1) Supreme Court denies Newegg petition to overturn denial of exceptional case fees against MacroSolve

(Update3) Supreme Court rejects Federal Circuit’s rigid test for enhanced damages in win for patent owners

The U.S. Supreme Court, in a unanimous decision written by Chief Justice John Roberts, ruled that the two-part Seagate test for enhanced damages established by the Court of Appeals for the Federal Circuit was inconsistent with the the Patent Act, handing patent owners a rare major victory that could make it easier for them to [...]

By | June 13th, 2016|Patent Investing|Comments Off on (Update3) Supreme Court rejects Federal Circuit’s rigid test for enhanced damages in win for patent owners

(Update1) Yahoo!’s $1B plus price for auction of 3,000 patents said to be ‘unrealistically high’

The $1 billion plus valuation expectations Yahoo! Inc. (YHOO) has set for an auction of about 3,000 patents from its portfolio are “unrealistically high,” according to a new report by 3LP Advisors, an intellectual property investment advisory firm. The report was written by a team of experts at 3LP including founding partners Kevin Rivette and [...]

By | June 10th, 2016|Patent Investing|Comments Off on (Update1) Yahoo!’s $1B plus price for auction of 3,000 patents said to be ‘unrealistically high’

WordLogic CEO steps down after enforcement action against SwiftKey is dismissed

WordLogic Corp. (WLGC), the predictive intelligence technology company, said it named Ian Dowding as its chairman and acting CEO following the abrupt resignation of Frank Evanshen. Vancouver, British Columbia-based WordLogic also named Les Hughbanks and John Goodman to its board. Dowding is currently president of Goldthorpe Investments Inc., where he has been since January 2008, [...]

By | June 9th, 2016|Patent Trolling|Comments Off on WordLogic CEO steps down after enforcement action against SwiftKey is dismissed

Tessera, ParkerVision wins at U.S. International Trade Commission, though unlikely, may spur more NPE complaints

If Tessera Technologies Inc. (TSRA) and ParkerVision Inc. (PRKR) defy expectations and win exclusion orders from patent infringement complaints filed with U.S. International Trade Commission, more non-practicing entities may follow their lead, according to some patent market observers. To be sure, few NPEs file infringement complaints at the ITC and even fewer succeed in winning [...]

By | June 9th, 2016|Patent Investing|Comments Off on Tessera, ParkerVision wins at U.S. International Trade Commission, though unlikely, may spur more NPE complaints

AST extends Industry Patent Purchase Program for three days because of larger than expected demand

Allied Security Trust, the patent aggregator run by CEO Russell Binns, said it extended its Industry Patent Purchase Program (IP3) through Friday, June 10 in response to larger than expected patent owner interest. AST introduced IP3 last month with the participation of some of the world’s largest companies including Google, Facebook, IBM, Microsoft, Adobe, SAP, [...]

By | June 8th, 2016|Patent Investing|Comments Off on AST extends Industry Patent Purchase Program for three days because of larger than expected demand

Inventergy reaches enforcement action settlement with Sonus Networks, terms not disclosed

Inventergy Global Inc. (INVT), the patent monetization company run by CEO Joseph Beyers, said it has reached a settlement of an enforcement action against Sonus Networks Inc. Campbell, California-based Inventergy said Sonus agreed to make an undisclosed one-time payment to Inventergy in exchange for a license to all Inventergy IMS and VoIP patents. The patent [...]

By | June 7th, 2016|Patent Investing|Comments Off on Inventergy reaches enforcement action settlement with Sonus Networks, terms not disclosed

PTAB upholds 20 of 30 claims of Marathon unit patent in IPRs filed by Hulu, Netflix and others

The Patent Trial and Appeal Board handed Marathon Patent Group Inc. (MARA) a victory in two inter partes review (IPR) challenges of a patent owned by Marathon’s CRFD Research Inc. The rulings were handed down in IPR2015-00259, filed by petitioners Hulu, LLC, Netflix Inc. and Spotify USA Inc., and in IPR2015-00627, filed by Dish Network [...]

By | June 7th, 2016|Patent Investing|Comments Off on PTAB upholds 20 of 30 claims of Marathon unit patent in IPRs filed by Hulu, Netflix and others

ParkerVision brings enforcement action in Germany against LG Electronics

ParkerVision Inc. (PRKR), the patent monetization company run by CEO Jeffrey Parker, said its German subsidiary ParkerVision GmbH filed a patent infringement action against LG Electronics Deutschland GmbH in Germany. The enforcement action involves the alleged infringement of the German part of European Patent 1 206 831. The complaint, which was filed in Munich Regional [...]

By | June 6th, 2016|Patent Investing|Comments Off on ParkerVision brings enforcement action in Germany against LG Electronics

(Update1) Gerchen Keller’s Neptune wins institution of IPR challenging Eli Lilly Alima vitamin patent

Gerchen Keller Capital’s Neptune Generics LLC today, June 3, won institution of an inter partes review petition challenging an Eli Lilly & Co. patent for its Alima vitamin regimen before the Patent Trial and Appeal Board. The PTAB’s decision to institute IPR 2016-00237 suggests that the patent will be invalidated after a trial. The PTAB [...]

By | June 3rd, 2016|Patent Investing|Comments Off on (Update1) Gerchen Keller’s Neptune wins institution of IPR challenging Eli Lilly Alima vitamin patent