Kentucky Senate Seeks to Stop Patent Trolls
A bill that would make it harder for companies that hold large numbers of patents to sue for patent infringement when they don’t produce the patented goods has been passed by the Kentucky Senate.
Bill sponsor Sen. Christian McDaniel, a Republican from Taylor Mill, calls this process “patent trolling” and says that it can drive up startup costs for small businesses.
McDaniel says patent trolls have created a profitable business model preying on the intellectual property industry.
Opposition to the measure came from Sen. Ray Jones, a Pikeville Democrat. Jones says the measure could allow large businesses to wrest patent ownership from individual Kentuckians by subjecting them to costly litigation.
The measure passed the Senate 31-7 and now moves to the House.
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers
- EPA Designates PFAS Chemicals as Superfund Hazardous Substances
- EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair
- Ship Owner in Bridge Collapse Seeks to Limit Its Liability
- CoreLogic Report Probes Evolving Severe Convective Storm Risk Landscape
- Mother of 8-Year-Old ‘Violently Sucked’ into Houston Hotel Pool Files Wrongful Death Suit