SRC, Saint Regis Mohawk Tribe enforce computer architecture patents against Microsoft, Amazon

SRC Labs LLC, the computer architecture company founded by Seymour R. Cray and owned by privately-held DirectStream, partnered with the Saint Regis Mohawk Tribe filed enforcement actions against Microsoft and Amazon on Wednesday, Oct. 18, alleging infringement of a number of patents related to field programmable gate arrays (FPGAs). FPGAs are integrated circuits designed to [...]

By | October 18th, 2017|litigation, Patent Investing, PTAB|0 Comments

(Update2) Judge invalidates Allergan’s Restasis patents, raises serious questions about sovereign immunity strategy

Judge William Bryson of the U.S. District Court in Marshall, Texas on Monday invalidated the patents for Allergan Plc’s dry eye treatment Restasis allowing generic drug makers to produce their own versions of the drug and raised serious questions about the pharmaceutical company’s attempt to rent the sovereign immunity of the Saint Regis Mohawk Tribe. [...]

By | October 17th, 2017|drug patents, litigation, Patent Investing, PTAB|0 Comments

(Update2) Allergan says tribe’s promise of sovereign immunity from IPRs is ‘the good and valuable consideration’ it paid for assignment of Restasis patents

Allergan Plc, which is seeking to add the Saint Regis Mohawk Tribe to the patent infringement action it filed against Mylan, Teva Pharmaceuticals and others, said in a court filing yesterday that the tribe's promise to use its sovereign immunity to shield patents assigned to it by Allergan is the good and valuable consideration it [...]

By | October 11th, 2017|litigation, Patent Investing, PTAB|0 Comments

St. Regis Mohawk Tribe blasts Senate bill to take away sovereign immunity from IPR petitions

The Saint Regis Mohawk Tribe said it is outraged that U.S. Senator Claire McCaskill (D-MO), has introduced legislation that specifically targets Indian tribes, yet exempts state universities and other sovereign governments engaged in the very same IPR process. McCaskill, a Democrat from Missouri, introduced a bill that would take away tribal immunity from inter pares [...]

By | October 6th, 2017|Patent Investing, PTAB|0 Comments

Retired Federal Circuit Chief Judge Michel sees Aqua Products decision as short term victory for patent owners

The Court of Appeals for the Federal Circuit's recent decision allowing patent owners the ability to amend claims of patents under review by the Patent Trial and Appeal Board in inter partes reviews is a short lived victory for patent owners and underscores the need for additional revisions, a former Chief Judge of the Federal [...]

(Update7) Full Federal Circuit reverses panel that upheld PTAB decision denying a patent owner’s ability to amend claims

A full panel of the Court of Appeals for the Federal Circuit issued what it called a narrow ruling reflecting a difference of opinion with a previous three-judge panel, ordering the Patent Trial and Appeal Board to allow a patent owner to amend claims in an inter partes review (IPR) proceeding. The ruling in Aqua [...]

By | October 4th, 2017|Federal Circuit, Patent Investing, Patent Reform, PTAB|0 Comments

Uncertainty caused by High Court’s pending review of PTAB constitutionality may have led to decline in NPE actions, IPRs in the third quarter, RPX says

Uncertainty in the U.S. patent market caused by the U.S. Supreme Court's pending review of the constitutionality of petitions before the Patent Trial and Appeal Board likely precipitated a decline in the number of new enforcement actions by non-practicing entities (NPEs) and operating companies, and inter partes review (IPR) challenges of patents, said RPX Corp. [...]

By | October 3rd, 2017|Patent Investing, PTAB, Supreme Court|0 Comments

Recent flood of patents for sale is hurting patent values, Allied Security Trust CEO Binns says

Allied Security Trust CEO Russell Binns says patent values in the U.S., which have been on a five year decline, won’t hit bottom and rebound until patent owners stop flooding the market with patent portfolios to clean up their balance sheets. Binns made his remarks as part of an outreach the company is making as [...]

By | September 19th, 2017|Patent Investing, Patent sale, PTAB, Supreme Court|0 Comments

Finjan leads all public IP licensing companies in successful defense of IPRs, Patexia says

Finjan Holdings Inc. (FNJN), the cybersecurity technology and licensing company run by CEO Phil Hartstein, leads all publicly traded patent licensing companies in defending against inter partes review challenges of its patents, according to Patexia, a global community network for intellectual property professionals. East Palo Alto, California-based Finjan has won 87% or 32 of the [...]

By | September 13th, 2017|Patent Investing, PTAB, USPTO|0 Comments

St. Regis Mohawk Tribe is at center of new trend to rent its sovereign immunity to patent owners to avoid IPR challenges

The Saint Regis Mohawk Tribe is at the center of the next hot idea in the patent enforcement space, accepting the transfer of patents from patent owners for significant sums of money to shield those patent owners from challenges of the patents through the Patent Trial and Appeal Board. The tribe says in a Q&A [...]

By | September 13th, 2017|litigation, Patent Investing, PTAB, Supreme Court|0 Comments