Toyota, Others Seek Sanctions In 'Baseless' NPE Suit

Law360, New York (April 12, 2013, 9:15 PM EDT) -- Toyota Motor Corp. and other automakers asked a Texas federal court recently to throw out a patent suit by nonpracticing entity Rydex Ltd. and award attorneys' fees as punishment for filing what the defendants call a "frivolous" and "baseless" suit.

Rydex holds a patent covering a commercial fuel exchange between a gas station fuel pump and a vehicle, and it alleges that anti-theft systems contained within the automakers' vehicle infringe it.

In a motion for sanctions filed April 5, the automakers claim that Rydex's allegations are...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.