LexisNexis® Legal Newsroom
Troutman Sanders LLP: Bankrupt Patentee Loses Standing to Pursue Infringement Action

By Dabney Carr A recent decision by Judge Spencer in the Eastern District of Virginia points out that patentees which file for bankruptcy during the pendency of an action must act promptly to preserve standing. Qimonda AG v. LSI Corp. , Case No. 3:08CV 735, 2012 U.S. Dist. LEXIS 30559 (E.D.Va....

Kodak Fails in Attempting Quick Bankruptcy Sale of Apple's Alleged Patents

Last Friday, bankrupt Eastman Kodak was dealt a setback in its attempt to sell patents related to digital cameras. Ownership of these patents (ten digital imaging patents) have been put into dispute by Apple and Flashpoint Tech. Kodak had requested an order to aid of its planned sale and finding...