> France Brevets was set to receive 35% of any revenue related to “monetizing and enforcement” of the patent, with Burley agreeing to file at least one patent infringement lawsuit within a year, and collect a “total minimum Gross Revenue of US $100,000” within 24 months, or the patent rights would be given back to France Brevets.
This is insane to me, it sounds almost like the patent holders are leasing out patents to anyone who is willing to work as a patent troll and chance their arm at some payouts, otherwise they have to return the Patent?
I mean that just sounds like a new level of low for patent troll farming entirely.
> France Brevets was set to receive 35% of any revenue related to “monetizing and enforcement” of the patent, with Burley agreeing to file at least one patent infringement lawsuit within a year, and collect a “total minimum Gross Revenue of US $100,000” within 24 months, or the patent rights would be given back to France Brevets.
This is insane to me, it sounds almost like the patent holders are leasing out patents to anyone who is willing to work as a patent troll and chance their arm at some payouts, otherwise they have to return the Patent?
I mean that just sounds like a new level of low for patent troll farming entirely.
it sounds almost like a no win no fee arrangement