SYSTEM AND METHODS FOR MANAGING INTELLECTUAL PROPERTY-BASED RISKS
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United States of America Patent
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Issued Date -
Dec 19, 2013
app pub date -
Aug 22, 2012
filing date -
Apr 8, 2005
priority date (Note) -
Abandoned
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Abstract
Presented herein are methods and systems for managing an entity's risks of patent coverage. More specifically, the present invention is directed to methods and system for insuring an entity against damage awards in patent litigation. The presented methods and systems allow a manufacturer to minimize their exposure to damage awards in patent litigation by conducting pre-emptive analyses and properly allocating funds for royalty payments and/or damage awards. An insurance captive is also established as a risk management tool to insure the manufacturer against excessive damage awards.
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