The Hosue of Representatives passed bipartisan legislation to curb so-called patent trolls, The Legal Times' blog reports. The legislation, if enacted, would change intellectual property law "with provisions to strengthen pleading requirements, require the litigation's loser to pay for high-cost patent fights and create new rules about discovery," BLT further reports.
The Senate is expected to make its own changes to patent legislation, BLT also reports.
Patent trolls have become an increasing issue in recent years in which business entitites buy larges troves of patents and then assert them to make money by threatening lawsuits.
If you want a fascinating primer on the issue of patent trolls, then listen to the episode This American Life program did about patent trolls.
Lawyer and Legal Journalist
