Apple is the number one target for NPEs in the US
Tweet of the week
Thanks to @ipgossip for tweeting this week about Apple being the number one target for NPEs in the US. Joff Wild of IAM Magazine commented that,
“Apple must have spent well over $200 million on dealing with NPEs over the last few years and I imagine a few others can match that as well. No wonder so many companies hate NPEs and call them trolls.”
According to a statement(.PDF) given by Teresa Stanek Rea, then President of the American Intellectual Property Law Association, to The Subcommittee on Courts and Competition Policy Committee on the Judiciary for the United States House Of Representatives
AIPLA conducts a nationwide survey of our members every two years on the cost of patent litigation. In 2007, we reported that the median cost of a patent infringement suit was $1,600,000, if $1 million to $25 million was at risk. The cost rises significantly as the stakes increase. The median average cost of a patent infringement case involving more than $25 million dollars was about $5,500,000.
richard conway
February 13, 2010 @ 10:11 am
I think you have an awesome website –
Thomason
March 10, 2010 @ 8:40 pm
Anything in the AIPLA Economic Survey to suggest that it’d be admissible in a court proceeding?
My recollection is that members got a survey request, and participation was voluntary.
Vincent LoTempio
March 15, 2010 @ 6:46 pm
Admissible evidence, in a court of law, is any testimonial, documentary, or tangible evidence that may be introduced to a fact finder(a judge or jury)in order to establish or to bolster a point put forth by a party to the proceeding. In order for evidence to be admissible, it must be relevant, without being prejudicial, and it must have some indicia of reliability. The court can always admit anything and let the jury attribute any weight it wishes to give it.