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This CLE webinar will discuss recent developments and new tools to battle so-called patent trolls, including recent executive orders, the America Invents Act (AIA), and state and congressional action. The panel will discuss the impact of these efforts and offer best practices for combating patent trolls before and during litigation.
An April 2013 report reveals the significant increase—up to 58% of patent suits in 2012—in suits by patent trolls. Patent trolls or monetizers are companies or individuals holding patents, who sue anyone who uses or sells anything covered by their patents, even though the patent holder doesn't produce anything.
On June 4, 2013, the President issued five executive orders to curb these suits. The AIA limits the ability to join unrelated parties, and Congress is working on legislation that seeks to curtail such frivolous suits. In May 2013, Vermont became the first state to allow targets of trolls to countersue.
Patent counsel must understand the impact of these recent developments and how they may bolster a company’s efforts to ward off patent trolls and patent troll litigation.
Listen as our authoritative panel examines the current landscape, including the President's recent executive orders, congressional efforts, state action, and the implications for patent counsel. The panel will offer best practices to minimize the threat of patent troll litigation and develop strong defensive strategies to combat patent trolls.
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(Patent Doc.)