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Government

Feb. 28, 2013

Proposed legislation takes aim at patent holding companies

A bill that would force holding companies to pay legal costs for patent defendants was re-introduced in Congress on Wednesday.

By Rachel Swan
Daily Journal Staff Writer

A bill that would force holding companies to pay legal costs for patent defendants was re-introduced in Congress on Wednesday and has garnered fervent support in Silicon Valley. Technology companies and trade associations are rallying around the 2013 iteration of the Saving High-tech Innovators from Egregious Legal Disputes (SHIELD) Act, an update of a previous bill meant to protect companies from frivolous lawsuits. The version of t...

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