3 Things You Need To Know About The SHIELD Act

Law360, New York (August 23, 2012, 4:38 PM EDT) -- On Aug. 1, 2012, a new bill was introduced in the House of Representatives to help protect high-tech companies from frivolous patent lawsuits. The bill is sponsored by Rep. Peter DeFazio, D-Ore., and Jason Chaffetz, R-Utah. Titled the "Saving High-Tech Innovators from Egregious Legal Disputes (SHIELD) Act," the bill seeks to make it easier for companies accused of patent infringement to recover their attorney's fees and other litigation costs. According to Rep. DeFazio, this fee-shifting measure will "put the financial burden on so-called 'patent trolls' that buy patents solely to sue the American tech startups that created the products."[1]...

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