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A Fortress Acquisition, after NPE Default, Seen Among the Patent Transfers During the First Half of March
RPX took note, among the USPTO assignment records made available during the first half of March, of the transfer of one set of patents to Fortress Investment Group LLC, after the NPE assignor’s default on a prior financing agreement. Fortress intervened in the campaign asserting some of those patents, bringing the litigation to a relatively rapid close. RPX also took notice of the transfer of patents from multiple assignors to another entity, Knapp Investment Company Limited, a British Virgin Islands entity that has never filed suit. The records made available in early March also contain transfers to frequent plaintiffs, including affiliates of patent monetization firms IP Valuation Partners LLC and Monument Patent Holdings, LLC, as well as Blackbird Tech LLC and Empire IP LLC.
March 25, 2017
Former Tierra Borinquen Patents Asserted by New Entity
Morpho Komodo LLC filed its first patent assertion litigation, naming as defendants Azpen, BLU Products, Casio, Dell, Fuhu, Global Phoenix, HP, InfoSonics, PCS Wireless, Procom Electronics, and Sharp. The entity was incorporated in Texas in December 2013 but this is its first campaign. The suits assert three patents, related to recording multi-factor signatures or passcodes (7,350,078, 7,725,725, 8,429,415). Defendants’ devices with multifactor authentication are accused of infringing the asserted patents.
June 23, 2015