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UK Getty Images Letter Forum / Re: Getty extortion letter. Picking peoples brains
« on: October 09, 2013, 04:34:36 PM »
What debt? A claim is NOT a debt.
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Should we release this matter back to Masterfile, I assure you, they will no longer be willing to settle for an amount anywhere close to what they are prepared to accept at this time, it sounds very threatening and scary to you.
When a handful of cases came to court, the scheme came in for widespread derision, angering the presiding judge, Judge Birss, who turned the spotlight on Mr Crossley, accusing him of abusing the court process.
Patent trolls described
O’Connor described patent trolls as the “parasites” of the tech industry. They are generally shell corporations that buy up patents, not to use them in business, but merely to file lawsuits against other companies that allegedly infringe upon them. The patents are often extremely vague and the suits “frivolous,” O’Connor said. However, defending a lawsuit in court is so expensive that companies will write settlement checks, regardless of the validity of the claims.
Why he is doing it
“Business isn’t always about making money,” O’Connor said. “It’s also about doing what’s right, which is why I am using my own money. Most startups don’t have that luxury, but we are getting a ton of support. I am not sure if we are going to see a fix, but I don’t like this uncertainty. These court cases have doubled in the past few years, and they will double again. When does it end?”
How he is doing it
Rather than just defending his company in court, he is filing a civil RICO suit against Lumen for engaging in mail fraud, wire fraud, and extortion, “attacking the defendant’s attempts to extort money out of the company based upon false, objectively unreasonable, and baseless claims of patent infringement.”
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