Patent Nation: Strategies For Limiting Payouts and Damage Awards to Patent Trolls

Focusing on strategies for dealing with patent “trolls” from a corporate perspective, this panel will include a discussion of real world strategies that have been successfully employed. Topics that were explored include: 

• How do you distinguish a “patent troll” from other types of patent infringement plaintiffs, including the differences in motivation that may affect how a patent troll litigates a patent lawsuit?
• How have companies successfully dealt with patent trolls in the past to limit payouts and damage awards?
• Is there a legislative, judicial or administrative remedy needed to address patent trolls?

Panelists for this session included: Meir Blonder, Chief Intellectual Property Counsel, Leviton Manufacturing Co.; Bethew Jennings, III, IP Counsel, Halliburton Company; Megan O’Neill, Corporate Counsel, LEGO Systems, Inc.; and Ed Polk, Senior Counsel, Foley.