Patent Transparency And Improvement Act Vs. Innovation Act

Law360, New York (January 3, 2014, 12:05 PM EST) -- On Nov. 16, 2013, Sens. Patrick Leahy, D-Vt., and Mike Lee, R-Utah, introduced the latest of a recent series of bills aimed at curtailing patent infringement lawsuits filed by nonpracticing entities, more commonly referred to as “patent trolls.” The bill, S.1720 “Patent Transparency and Improvement Act,” presents something of a “kitchen sink” approach, throwing out a series of smaller ideas aimed at addressing problems caused by NPEs without significantly increasing the burden on good-faith plaintiffs for recovery; the sections on transparency and customer stay, in particular,...
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