In the previous year, the House of Representative set out strong support for patent reform, especially on measures made to cut back on patent suits. Early this year, the House brought back a bill, the Innovation Act, and just this Wednesday, the Senate backed up the bill with support from influential Senators.
The bill indicated numerous measures to slash patent lawsuits made to promote quick settlements for companies who frequently make payments instead entering legal battles that could be more costly to defend.
The bill will entail plaintiffs to make be more specific and clear. It also adds limitations to the amount to be forked by the patent-litigation holder from firms in the early stages of a suit, in order to protect defendants from “fishing” instances.
It also give courts more leeway to reward lawyer fees to the losing party of the suit as well as plaintiffs seen by a judge to have brought a suit with little or no basis.
Comments