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Patent-holding company’s $533M verdict against Apple is dust on appeal

Massive verdict would have been largest ever for a non-practicing entity.

It 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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The content in this post was found at https://arstechnica.com/tech-policy/2017/03/patent-holding-companys-533m-verdict-against-apple-is-dust-on-appeal/ and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.