Intellectual Property
Jan. 12, 2011
Intellectual Ventures Lawsuits May Change the Face of Patent Law
Litigation brought by Intellectual Ventures could shift the balance of interests involved in patent law.
On Dec. 8, 2010, a patent aggregator filed three infringement lawsuits against nine companies. Typically, this would not be news. In the modern age, a cottage industry has emerged where patent licensing and enforcement companies (or PLECs, also known as non-practicing entities or patent trolls) collect patents and bring legal actions against groups of operating companies as a means to secure financially attractive settlements and license agreements. But the suits last month were differe...
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