In The News
| June 13, 2011
Defending Business Method Troll Attacks
Patent litigation is rapidly becoming a fact of business life in the insurance and financial sectors of the US economy. While patent litigation was once rare in these industries, today such litigation is common. Many of the cases are brought by so-called nonpracticing entities or "NPEs" that do not use the patents themselves.
Rather, the NPEs sue to collect royalties for the alleged use of the patents. Very often, the patents themselves are called “business method patents.” These are patents that typically claim the use of a computer system to automate some aspect of a business operation.
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
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