jm + newegg   2

Newegg nukes “corporate troll” Alcatel in third patent appeal win this year
I am loving this. Particularly this:

At trial in East Texas Cheng took the stand to tell Newegg's story. Alcatel-Lucent's corporate representative, at the heart of its massive licensing campaign, couldn't even name the technology or the patents it was suing Newegg over.

"Successful defendants have their litigation managed by people who care," said Cheng. "For me, it's easy. I believe in Newegg, I care about Newegg. Alcatel Lucent, meanwhile, they drag out some random VP—who happens to be a decorated Navy veteran, who happens to be handsome and has a beautiful wife and kids—but the guy didn't know what patents were being asserted. What a joke."

"Shareholders of public companies that engage in patent trolling should ask themselves if they're really well-served by their management teams," Cheng added. "Are they properly monetizing their R&D? Surely there are better ways to make money than to just rely on litigating patents. If I was a shareholder, I would take a hard look as to whether their management was competent."
patents  ip  swpats  alcatel  bell-labs  newegg  east-texas  litigation  lucent 
28 days ago by jm
How Newegg crushed the “shopping cart” patent and saved online retail
Very cool account of Newegg's battle against a ludicrous patent-troll shakedown. Great quote from their Chief Legal Officer, Lee Cheng:
Patent trolling is based upon deficiencies in a critical, but underdeveloped, area of the law. The faster we drive these cases to verdict, and through appeal, and also get legislative reform on track, the faster our economy will be competitive in this critical area. We're competing with other economies that are not burdened with this type of litigation. China doesn't have this, South Korea doesn't have this, Europe doesn't have this. [...]

It's actually surprising how quickly people forget what Lemelson did. [referring to Jerome Lemelson, an infamous patent troll who used so-called "submarine patents" to make billions in licensing fees.] This activity is very similar. Trolls right now "submarine" as well. They use timing, like he used timing. Then they pop up and say "Hello, surprise! Give us your money or we will shut you down!" Screw them. Seriously, screw them. You can quote me on that.
patent-trolls  east-texas  newegg  shopping-cart  swpat  software-patents  patents  ecommerce  soverain 
january 2013 by jm

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