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How will '07 and '08 compare?
posted on
Jan 11, 2008 11:36AM
Juries in the US awarded US$1 billion in patent damages in 2006, almost triple the 2005 amount. (The US$1 billion amount excludes the US$612.5 million Research In Motion Ltd agreed to pay patent licenser NTP Inc in an out-of-court settlement of a dispute over Research in Motion's Blackberry phones. The payment by Waterloo, Ontario-based Research in Motion to NTP of Richmond, Virginia, was the fourth-largest legal settlement of the year.)
Three of the top 10 patent verdicts came in suits filed in federal court in the Eastern District of Texas, where inventors and other patent owners have won jury verdicts 90% of the time since 1994. (See side bar story.)
