JBGoodwin REALTORS® successfully defended the rights of real estate professionals in Texas against a suit brought on by patent troll Property Disclosure Technologies (or PDT). For those unfamiliar with patent trolls or patent holding companies, they are firms who purchase patents with the sole purpose of looking for, and suing companies in violation of those patents for financial gain. They do not produce intellectual property, nor do they conduct any original research or manufacturing. Most of their suits never make it to court, as the threat of hefty legal fees cause most defendants to settle out of court.
JBGoodwin REALTORS® VS Property Disclosure Technologies
JBGoodwin REALTORS® was sued, along with 12 other real estate industry leaders on…
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