General Patent Corporation International is the oldest contingency intellectual property licensing and enforcement firm in the US.  GPCI provides IP licensing and assertion services, and assists in patent, trademark, trade secret and copyright infringement litigation on a contingency basis.  Our experienced patent attorneys and litigators will help you to enforce your rights and recover your lost profits or reasonable royalties at no upfront cost to you.  Risk nothing except the chance to recover wealth that is rightfully yours. We create wealth from your wealth of ideas®.
Call for patent violation

Protecting inventors from patent infringement since 1987 

  Home IP Enforcement IP Resources Media About Us Contact Us  
  IP News | IP Books | IP Basics | IP Articles | Patent Enforcement FAQ | Our Newsletter | IP Links
 
 
  • Home
  • Services
    • Patent Enforcement
    • Trademark Enforcement
    • Copyright Enforcement
    • Criteria for Proposals
  • Inventor Resources
    • IP Books
      • Essentials of Intellectual Property
      • Essentials of Licensing IP
    • IP in the News This Week
    • Intellectual Property Basics
    • Patent Enforcement Q&A
    • IP Articles
    • "Wealth of Ideas" Newsletter
  • GPCI in the Media
    • Press Releases
      • 2008
      • 2007
      • 2006
      • 2005
      • 2004
      • 2003
      • 2002
      • 2001
      • 2000
      • 1999
      • 1998
      • 1997
    • Press Kit
    • Media Coverage
  • About GPCI
    • Management Team
      • Alexander Poltorak
      • Paul J. Lerner
    • History
    • Clients
    • Mission
    • Vision Statement
    • Job Opportunities
  • Contact Us
    • Directions
To receive our free newsletter enter your email address below:
 
Don’t Be a Patent Slacker
Related Books
  Intellectual PropertyFull of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in intellectual property.
  Buy Essentials of Intellectual Property
  Intellectual PropertyWritten by acknowledged experts in the field, Essentials of Intellectual Property Licensing provides managers with a clear, concise overview of IP licensing. In practical, down-to-earth language it clearly explains licensing strategies; deal making; royalties and royalty rates; patent, trademark and copyright licenses; and basic contract law.
  Buy Essentials of Licensing Intellectual Property
 
Related Sites

IP Holdings LLC
IP-centric merchant banking organization and idea incubator affiliated with GPCI.

General Patent Corporation
Leading intellectual property management firm affiliated with GPCI.

Wealth of Ideas, June 2004

In the world of patent infringement lawsuits, one defense often raised by the defendant is “laches.” Although it is frequently mentioned in conjunction with a similar defense, “estoppel,” and although the two are related, laches is not synonymous with estoppel. Laches, from the Old French, means slackness or negligence – a “sin of omission.” In intellectual property law, it is the unexcused failure of a patentee to take action in a timely manner against a patent infringer.

Why does it matter when the patentee brings suit against an alleged infringer? Because an excessive delay may put the defendant at a disadvantage: key witnesses may be no longer available or memories may have dimmed; important documents may be long gone. When laches is found, the patentee is barred from collecting damages accruing prior to the filing of the suit, but is still able to obtain an injunction barring the defendant from further infringement of the patents-in-suit.

Once the laches defense has been raised, the plaintiff may still offer evidence that the delay either was reasonable or not prejudicial to the defendant. Ultimately, the burden of proving laches rests with the defendant, who must prove that there was an unreasonable delay in bringing suit and that this delay prejudiced the defense. However, a rebuttable presumption of laches arises when the patentee waits more than six years from the time when he or she discovered (or reasonably should have discovered) the infringement to file a lawsuit.

The moral of the story: If you sit on your rights for too long, you may forfeit them.

Home | Services | Inventor Resources | Media | About Us | Contact Us
Copyright © 2006 General Patent Corporation International. All Rights Reserved.Legal Notice.