Apple seeks permission to sue already bankrupt Kodak
Summary: Apple is seeking permission to sue Kodak for alleged patent infringement.
Though Kodak is bankrupt, Apple is seeking permission from the courts to sue the company anyway for alleged patent infringement.
The patents in question relate to technologies used in printers, digital cameras, and digital picture frames, according to Bloomberg.
Kodak cannot do much for the time being in response to the claims, as it waits for a bankruptcy judge to decide its fate. But Apple is looking to that very judge to open the doors for a claim.
A filing showed that Apple intends to file a complaint with the U.S. International Trade Commission and a separate corresponding suit in the U.S. District Court in Manhattan, which could lead to a court order blocking Kodak from using the patents.
Should Apple succeed in dragging Kodak further into financial decline, it's unlikely that a successful case would result in the handing over of cash.
The former photography giant fell into difficulties late last year and began the process for selling off its assets in a bid to save money. It fell behind in the digital market and began to transform itself into a printing company rather than one that sold film for cameras. It began and continued to produce digital cameras, but ultimately failed to compete with the then emerging market.
Since then, however, Kodak filed for bankruptcy. It listed total assets of $5.1 billion but a debt of $6.8 billion in its bankruptcy filing.
Kodak has over 1,100 patents it wants to sell. The patents could be worth as much as $2--3 billion. Since 2008, Kodak has generated nearly $2 billion in royalties and licensing fees from key patents it retains.
Related:
- Kodak eyes Chapter 11: Patent sale or bust
- Kodak seeks online photo-sharing business sell-off after outlook panic warning
- Kodak issues panic warning over digital camera sales slump
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Talkback
RE: Apple seeks permission to sue already bankrupt Kodak
RE: Apple seeks permission to sue already bankrupt Kodak
Gotta Hurt PR
RE: Apple seeks permission to sue already bankrupt Kodak
RE: Apple seeks permission to sue already bankrupt Kodak
You are correct. While I see Kodak as less of a patent troll, I think desperation rather than pure greed drove them to court. Still sucks though...
RE: Apple seeks permission to sue already bankrupt Kodak
RE: Apple seeks permission to sue already bankrupt Kodak
Kodak sued first. All their patent trolling got them nowhere.
RE: Apple seeks permission to sue already bankrupt Kodak
True fanboy. Turn a blind eye when your favourite company is patent trolling, but call others on the exact same behaviour. Not that you ever have anything to add to any discussion.... other than LOL! over and over again.
LOL
That's a good one, ScorpioBlue! :D
RE: Apple seeks permission to sue already bankrupt Kodak
Well hi, krissy_wissie? How's it going? Get your hair done today?
lol... :D
RE: Apple seeks permission to sue already bankrupt Kodak
I actually don't consider Apple (or even MS) patent trolls. Unlike Kodak which no longer produces anything except legal teams and mountains of paperwork to get them in and out of trouble.
I wish Apple success on this. I really do.
RE: Apple seeks permission to sue already bankrupt Kodak
As usual...the scum always rises to the top.
Translation: I buy the tech press indoctrination that suing over IP
RE: Apple seeks permission to sue already bankrupt Kodak
And you're the inventor
;)
LOL!
That's a good one ScorpioBlue! :)
I thought so too, wille
I thought so too, wille
Now you can pray to me. Your Lord and Master. NOW.
lol... :D
RE: Apple seeks permission to sue already bankrupt Kodak
RE: Apple seeks permission to sue already bankrupt Kodak
RE: Apple seeks permission to sue already bankrupt Kodak