It’s no surprise that Intellectual Ventures, the voracious patent aggregator founded by Microsoft billionaire Nathan Myhrvold, campaigned fiercely against reforms that would make patent enforcement tougher and limit damages for infringement. But thanks to a new breach of contract suit against IV by the public economist Pat Choate, we have a better idea of how that lobbying campaign actually unfolded from 2007 to 2010.
In a juicy 15-page complaint filed last week in Washington, D.C., federal district court, Choate accuses IV of withholding $495,000 it promised to pay him to organize opposition to patent reform bills circulating in Congress in 2009 and 2010. [Hat tip to PriorSmart, an absolutely indispensable IP resource.]
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