Patent-holding company’s $533M verdict against Apple is dust on appeal
6 03 2017It looked like Smartflash LLC had Apple right where it wanted it after a jury awarded the patent-holding company $533 million—one of the largest patent verdicts in history.
The dreams of patent riches have gone up in smoke after a panel of appeals judges ruled that all three of Smartflash’s patents are invalid as overly abstract. At this point in history, a one-employee patent-holding company with no novel legal argument has an infinitesimal chance of getting the attention of the US Supreme Court, so Smartflash’s path has ended with the opinion (PDF) published yesterday.
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