Wanker of the Day: Patent Troll Edition.

Daniel Leckrone, the Chairman of TPL Group.

The TPL Group describes itself as:

TPL has been “purpose built” to deliver an array of services that are fundamental to streamlining the development and commercialization of proprietary products and technologies. By consistently delivering innovation and opportunity, TPL has earned a reputation of being a trusted partner that can enable constructive licensing programs as well as new product development programs that leverage the IP assets within its patent portfolios.

These folks are patent trolls, and Mr. Leckrone is their chief.

Misnamed Patent Reform Act would stifle innovation

By Daniel E. Leckrone
San Jose Mercury News
Article Launched:06/27/2007 01:31:51 AM PDT

While U.S. patent law has been effective in protecting the intellectual property of inventors, which has fueled productivity growth and the U.S. economy for more than two centuries, the so-called “Patent Reform Act” introduced in Congress this year proposes major changes to the law governing how patents are obtained and enforced. Ironically, these changes are being promoted by the most powerful and prosperous high-tech corporations – the “Patent Goliaths” – which came to power based on the patent system as it now stands.

In mounting their full-scale invasion of the territory protected by patent laws, the Goliaths continue to amass political support which, if not effectively challenged, will lead to an unwarranted degradation of the legendary patent system established by the U.S. Constitution. Even the lethargic Department of Commerce has vigorously opposed most of the sweeping changes proposed by this act, as the Department of Commerce explained in its recent 11-page letter to House Judiciary Subcommittee Chairman Howard Berman, a lead sponsor of this misguided legislative effort.

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The author is a patent troll, and he has an interest in keeping his “automatic injunction” shakedown legal.

The rise of patent trolls, in mobile phones, internet connectivity, etc. the Euros and Japanese are increasingly eating out lunch. You can’t make a move in the US these days without getting approval from lawyers.

It not only prevents innovation generally, it makes it prohibitively expensive for the small inventor to actually bring a product to market, because of fears that it might violate a undeveloped, and frequently completely obvious, patent held by the parasites.

There is no need for an injunction with patent trolls. They have no intention of developing a market, they are just getting money for someone else’s work.

This means that they can be made whole at any time by damages with interest.

There is no irreparable damage, so no need for an injunction.

Of course, this means that any company can tell the patent troll to take it to court rather than paying their blackmail, and this is what he fears.

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