Litigation

PNC Financial Services Group, Inc. et al. v. Intellectual Ventures I LLC

not instituted (procedural)

CBM2014-00032

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Court: USPTO Patent Trial and Appeal Board
Filed: 2013-11-12

Patents at issue (1)

Plaintiffs (2)

Defendants (1)

Δ Intellectual Ventures I LLC

Summary

Covered business method review petition filed by PNC challenging US 7,757,298. The PTAB did not institute the proceeding for procedural reasons.

Case overview & background

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Key legal developments & outcome

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Plaintiff representatives

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Defendant representatives

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Record id: 7757298-cbm2014-00032 · edit in Admin

Further reading

How to obtain a patent
The USPTO process takes 2-3 years and costs $10,000-$15,000. The patent that comes out the other end is only as valuable as your willingness to spend much more enforcing it.
TC Heartland LLC v. Kraft Foods Group Brands LLC (2017)
Pre-TC Heartland, plaintiffs sued in plaintiff-friendly E.D. Tex. by default. Post-TC Heartland, venue is a real defense — and Delaware is where most U.S. patent cases land.
What patent litigation actually costs (AIPLA Economic Survey)
It costs a few hundred dollars to file a patent complaint and a median of $1.5M-$3.2M to defend one through trial. That gap isn't a side effect of patent litigation — for a troll, it is the entire business model.
Non-Practicing Entity (NPE) lawsuit defense: a defendant's playbook
Defending an NPE suit is different from defending a competitor's suit. The asymmetries cut both ways — and the right plays exploit the ones that favor the defendant.
How patent trolls operate (and why the business model works)
A junk patent generates settlement income exactly the same way as a strong one, because nobody pays $1M to test a $200k demand. The mechanics matter because the failure modes — what makes assertion campaigns expensive or risky for the troll — are exactly where defendants find leverage.

All resources →