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Court prices — In most patent infringement circumstances, both events named within the go well with are answerable for their very own courtroom prices. If a authorities contractor infringes on a patent, the patent holder can solely bring suit in opposition to the U.S. With an abatement policy, the patent holder can receive reimbursement for costs associated to pursuing a case of infringement. With a defense policy, the patent holder can obtain reimbursement for legal costs and financial damages within the occasion she or he is sued for patent infringement. Patent legislation has changed since Armstrong’s battles. Remember NTP and its battles with RIM? Kelley, Rob. “BlackBerry maker, NTP ink $612 million settlement.” CNN Money. On this case, the tax can be substantial, as this little speedster turned one of the most valuable cars on the planet after Ferris Bueller took it for a spin on his “Break day” in 1986 (this model can sell for $11 million or more!). When an infringer loses a patent case, that party turns into, in essence, a licensee and should have to pay an inexpensive royalty for any future sales derived from the patented product, system or know-how. Blenko, Walter J., Jr. “The Doctrine of Equivalents in Patent Infringement.” JOM, the Journal of the Minerals, Metals & Materials Society.
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