When one business in Texas, or elsewhere, violates another’s rights, patents or contracts, it may be considered infringement. This may lead to lost revenue, which may have a significant impact on a company’s bottom line. Consequently, this issue is at the heart of many business disputes. Often, businesses will take legal action in order to obtain compensatory damages.
Recently, VirnetX filed a lawsuit against Apple Inc. for infringement. VirnetX is a patent licensing company. According to reports, in the lawsuit, VirnetX claimed that Apple had used its Internet security technology in its iMessage and FaceTime features. However, VirnetX purports that Apple did not have permission to use the technology. VirnetX asked for $532 million in damages. This is not the first time that the two companies have squared off over an infringement issue. In 2012, VirnetX was awarded $368.2 million in damages.
A federal jury reportedly sided with VirnetX. They awarded the company more than $625 million in damages. The award was more than the company had asked for because the jury felt that the infringement was willful. For their part, representatives for Apple reportedly issued a statement indicating that the company will appeal the decision.
When companies commit infringement, it may cost other businesses valuable revenue. Therefore, business owners or representatives who believe that they have had a patent or contract infringed upon may consider consulting with a legal representative. An attorney may explain their rights, as well as help them to build a case to prove wrong doing and obtain financial compensation.
Source: Reuters, “Apple ordered to pay $625 million in patent dispute with VirnetX,” Andrew Chung, Feb. 3, 2016