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Authored by: PJ on Monday, June 04 2012 @ 07:53 PM EDT |
This isn't about money that way. It's about
crushing these four stupid patents, so they
can't be used to hustle money from Oracle,
to put it plainly.[ Reply to This | Parent | # ]
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Authored by: DieterWasDriving on Monday, June 04 2012 @ 08:53 PM EDT |
Companies like this are set up for litigation.
It's almost certain that they only have enough money in their accounts to pay
their expected initial attorney fees. If more is needed, an additional
"investment" is made.
They are essentially judgment proof.
This is pretty much illegal. A corporation should be capitalized for its
expected business activities. But it's impossible to prove they should have
known the patent were invalid (there is a presumption of validity if they are
granted) or didn't apply (after all, they got to trial, which demonstrates there
was some question / circular reasoning).
This is only four patents out of millions. Squashing these patents has a
negligible impact on the rest. There are no expenses to Lodsys besides some
legal fees, and those can minimal if losing costs nothing beyond the few tens of
thousands left in the accounts to avoid looking completely like a front.
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Authored by: Anonymous on Monday, June 04 2012 @ 11:03 PM EDT |
Software patent trolls of this type simply can't survive outside the US. It is
the only place on the planet where
- software is patentable;
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legal costs are not routinely awarded and are significant enough to constitute
effective extortion;
- the absence of effective consumer law and market
regulation means companies have the freedom to issue baseless threats without
being called to immediate account;
- where the laws regulating
corporations are loose enough to permit these kinds of shenanigans with shell
corporations.
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