US patent lawsuits now dominated by ‘trolls’ -study

For the first time,individuals and companies that do not themselves make anything -commonly known as “patent trolls” – are bringing the majority ofU.S. patent lawsuits, according to a study by a California lawprofessor.

The sharp increase in this type of lawsuit serves as amilestone likely to exacerbate the tension over patent issuesand increase calls for patent reform and scrutiny of the system.

This year, about 61 percent of all patent lawsuits filedthrough Dec. 1 were brought by patent-assertion entities, orindividuals and companies that work aggressively andopportunistically to assert patents as a business model ratherthan build their own technology, according to a paper by ColleenChien, a law professor at Santa Clara University.

Innovation, really.

Judge Orders Failed Copyright Troll to Forfeit ‘All’ Copyrights

Righthaven, a copyright-troll law firm that failed in its attempt to make money for newspapers by suing readers for sharing stories online, was dealt a death blow Tuesday by a federal judge who ordered the Las Vegas company to forfeit ???all of??? its intellectual property and other ???intangible property??? to settle its debts.

Patent is not alone in being an abused “IP.” But sometimes abusers are punished.