Journal Presto Vivace's Journal: Lose a patent lawsuit? Write a new law!
Lawmakers Move to Grant Banks Immunity Against Patent Lawsuit
Adopted with little fanfare, the amendment would prevent a small Texas company called DataTreasury from collecting damages from banks for infringing on its patented method for digitally scanning, sending and archiving checks. The patents were upheld last summer by the U.S. Patent and Trademark Office after they were challenged.
Schools have to hand over the names of students who download movies and music, but banks don't have to honor patents? Huh?
Lose a patent lawsuit? Write a new law! More Login
Lose a patent lawsuit? Write a new law!
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