Philips 'Bullied' Bayco For LED Patent Royalties, Suit Says

Law360, New York (February 27, 2013, 7:31 PM ET) -- Bayco Products Inc. launched a suit in Texas federal court Tuesday alleging Koninklijke Philips Electronics NV was attempting to "bully" the lighting company into paying unwarranted patent royalties, and seeks a ruling that its products do not infringe Philips' patents.

According to the suit, Philips has been claiming for months that Wiley, Texas-based Bayco has been selling products that Philips has patented. But Bayco contends the patents neither "cover nor relate" to its goods.

Bayco is seeking a declaratory judgment that its merchandise is properly licensed...
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