Patriot Scientific Settles Joint Venture IP Dispute

Law360, San Diego (October 7, 2011, 8:15 PM EDT) -- Patriot Scientific Corp. said Friday it had reached an agreement to resolve a dispute with the TPL Group more than a year after Patriot filed a breach of contract suit in California state court over the parties’ joint venture for managing a portfolio of microprocessor patents.

The Carlsbad, Calif.-based data-sharing provider said the deal between the parties calls for mutual payments and releases that will bring an end to the uncertainty related to appeals and ongoing delays within the court system. The agreement also makes way...
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