Perspective
Aug. 12, 2010
Runaway Patent Damages Awards: Is Statutory Reform on the Way?
Hitting the "patent lottery" might become harder if Congress passes damages legislation with teeth, by Chris Marchese and Olga May of Fish & Richardson.
Patent infringement damages have become a prominent legal, economic, and social controversy. This controversy has grown from the soaring damages awards handed down by juries over the past decade. The potential to "hit the patent lottery" has spawned scores of lawsuits by non-practicing entities, which function solely to acquire patents and file lawsuits seeking huge damages awards that often have little relation t...
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