A California judge has ordered Technology Properties Limited LLC (TPL) and its affiliate MCM Portfolio LLC to pay Canon close to $1.8M in attorney fees, finding that the NPEs’ “litigating position” in a five-year battle with the company was “exceptionally weak”. Yet financial disclosures suggest that with dwindling licensing revenue, TPL and its monetization partners—which include the publicly traded NPE Patriot Scientific Corporation—may struggle to pay Canon’s fee award. And as legal fees from ongoing litigation against Huawei, LG Electronics, Nintendo, Samsung, and ZTE continue to mount, the NPEs may be forced to seek additional financing.
Technology Properties Limited (TPL) [NPE], Patriot Scientific[NPE], and Phoenix Digital Solutions filed two separate suits against Novatel Wireless and Samsung, alleging that the defendants’ smartphones and mobile hotspots infringe three patents related to high performance, low cost microprocessors and variable speed clocking. TPL filed a corresponding ITC complaint that named Acer, Amazon, Barnes & Noble, Garmin, HTC, Huawei, Kyocera, LG Electronics, Novatel Wireless, Samsung, Sierra Wireless, and ZTE as defendants as well as district court complaints against the same companies. The patents-in-suit were invented by Charles Moore and were assigned to TPL in 2002 and 2003. 7/24, Northern District of California, assigned to Magistrate Judge Joseph C. Spero, 3:2012cv03877; 3:2012cv03879.
Access to the full article is currently available to RPX members only. Please contact us if you need further information.