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Acacia Research Ex-CEO Challenges Ouster In Del. Suit

IP Law 360

A director and former CEO of IP-partnering venture Acacia Research Corp. has sued in Delaware Chancery Court to block a company claim that he resigned his board position, accusing the business of wrongly trying to oust him while it considered a conflicted SPAC bailout.

IP 40
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Patent Assertion Entities: A Boon or a Bane?

Kashishipr

’ A patent troll is a term used for describing a company that uses Patent Infringement claims to win arguments and court judgments for profit or to stifle competition. ’ A patent troll operation may be called a ‘patent assertion company,’ ‘entity,’ or a ‘non-manufacturing patentee.’