§ 4195. Legislative findings and statement of purpose (a) The General Assembly finds that: (1) Vermont is striving to build an entrepreneurial and knowledge-based economy. Attracting and nurturing small- and medium-size Internet technology (“IT”) and other knowledge-based companies is an important part of this effort and will be beneficial to Vermont’s future. (2) Patents are […]
§ 4196. Definitions In this chapter: (1) “Demand letter” means a letter, e-mail, or other communication asserting or claiming that the target has engaged in patent infringement. (2) “Target” means a Vermont person: (A) who has received a demand letter or against whom an assertion or allegation of patent infringement has been made; (B) who […]
§ 4197. Bad faith assertions of patent infringement (a) A person shall not make a bad faith assertion of patent infringement. (b) A court may consider the following factors as evidence that a person has made a bad faith assertion of patent infringement: (1) The demand letter does not contain the following information: (A) the […]
§ 4198. Bond Upon motion by a target and a finding by the court that a target has established a reasonable likelihood that a person has made a bad faith assertion of patent infringement in violation of this chapter, the court shall require the person to post a bond in an amount equal to a […]
§ 4199. Enforcement; remedies; damages (a) The Attorney General shall have the same authority under this chapter to make rules, conduct civil investigations, bring civil actions, and enter into assurances of discontinuance as provided under chapter 63 of this title. In an action brought by the Attorney General under this chapter, the court may award […]
