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After Counterclaim Hammer Dropped on Ascend Innovation, ThinkLogix Sues VTech
Patent Litigation Feature
Last September, ThinkLogix, LLC filed its first case, suing Crestron Electronics (4:23-cv-00844) in the Eastern District of Texas over six patents from a portfolio of roughly 100 former Intellectual Ventures LLC (IV) assets. In response, Crestron filed counterclaims that also named Ascend Innovation Management, LLC (AIM); Ascend IP, LLC; and Mind Fusion, LLC as parties to the litigation, Crestron pleading that the veteran IV figures behind these entities structured them “as part of a basically unfair device to achieve an inequitable result” and that ThinkLogix “does not have sufficient capital to operate its business, including patent maintenance fees and satisfying any liabilities that ThinkLogix may incur during litigation from adverse decisions”. The suit against Crestron ended in a dismissal with prejudice before any response from ThinkLogix—or from the other third-party counterclaim defendants. Last month, ThinkLogix moved on, suing VTech (6:24-cv-00206), this time in the Western District of Texas.
May 17, 2024