Law Proposed for patent trolls to pay court costs
U.S. congressmen have proposed a new bill in the House of Representatives that seeks to stop frivolous lawsuits by requiring the patent applicant to cover the defendant’s legal fees if it loses the litigation.
The bill, introduced by Representative Peter DeFazio, is called Saving High-Tech Innovators from egregious Legal Disputes (SHIELD) and is limited to Patents relating to the business of IT. “Patent Trolls do not create new technologies nor new jobs. They fill their pockets to buy that product patents were created not to sue the innovators who did all the heavy lifting to create your product, “said DeFazio.
Should legislation be approved, would be the first time the U.S. Congress defined the term ‘software patent’, which is defined as a patent which protects “any process that can be implemented in a computer, although the term ‘computer ‘is not specifically mentioned in the patent, “as well as any electronic system capable of running the process.
It also defines a computer as an “electronic device, magnetic, optical or electrochemical, among others, capable of processing high-speed data functions performing logical, arithmetic or storage,” and the project could be the framework within which future reforms the required surveillance the patent system because it would establish that the hardware and Software Patents are patent categories other than ‘normal’ as the pharmaceutical industry.
Link: Bill would force patent trolls to pay defendants’ legal bills (ArsTechnica)Tags: Laws, litigation, patent troll, Patents, Software Patents