Lodsys, the patent troll that’s been obtaining licensees left and right over the past two years has agreed to drop a lawsuit against TMSOFT under some unusual-sounding terms.
The terms are as follows:
The dismissal is with prejudice which means they can never sue my company again for infringing its patents. I did not have to pay any money to Lodsys or sign a license agreement. I also did not sign a confidentially agreement so I’m free to talk about this matter.
So what did I have to agree to?
1. Never to sue Lodsys over its patents (I otherwise would have the right to ask a court to rule their patents invalid if I wanted)
2. Dismiss all motions with prejudice (we had filed a motion to dismiss that also sought to recover my attorneys fees, costs and expenses)
3. Make a donation to a mutually agreeable charity
That’s interesting. Both parties must mutually agree on a charity to donate to.