Toyota, Others Denied Sanctions For 'Frivolous' NPE Suit

Law360, New York (May 17, 2013, 4:52 PM EDT) -- A Texas federal judge on Wednesday denied Toyota Motor Corp. and other automakers' bid to throw out nonpracticing entity Rydex Ltd.'s patent infringement lawsuit and award attorneys' fees as punishment for filing what the carmakers describe as a "frivolous" suit.

In a one-page order, U.S. District Judge Vanessa Gilmore denied the automakers' request to have the lawsuit thrown out. The defendants claimed that Rydex's patent infringement claims were "objectively unreasonable," so the suit must be thrown out and they should be awarded attorneys' fees from the...
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