TechDirt
- June 23, 2008
Patent Hoarder Caught Shuffling Patents Around Has To Pay $4 Million
You may recall earlier this month that we wrote about Erich Spangenberg, who had set up a series of shell corporations for patent hoarding (and suing). Unfortunately, it appears he got greedy after a big win against DaimlerChrysler. As part of that settlement, he agreed not to sue the automaker again over the same issues — but by using the various shell corporations, he had a different shell sue Daimler. Daimler saw this as a violation of the settlement and sued back. Now comes the news that Spangenberg has lost and has to pay nearly million in legal fees to Daimler. It’s good to see courts finally pushing back on some of the overreaching by patent holders.
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