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More ridiculous is that they're fighting against JP Morgan Chase. With a net income of 5.6 billion dollars in 2008. And assets of ~$2 trillion. JP Morgan proba

More ridiculous is that they're fighting against JP Morgan Chase. With a net income of 5.6 billion dollars in 2008. And assets of ~$2 trillion. JP Morgan probably has more legal counsel than the rest of the defendants, combined.

cellis 17y ago
JP Morgan is no more formidable in litigation than Microsoft, and they've already beaten Microsoft.
- warfangle 17y ago
  Really? I have no metrics to go on other than assets/income. Do you have statistics? If nothing else, the sheer army of lawyers that could be brought to bear by the defendants could effectively paralyze Eolas under paperwork.
  - NathanKP 17y ago
    The paper equivalent of a DDOS.
  - cellis 17y ago
    Consider: Microsoft has been in business for 3 decades and 2 of them have been spent fighting IP lawyers. They're much more likely to know their way around software/IP law than anyone else. I'm not arguing much against your statement of a legal deluge on behalf of the defendents: I agree with that. However, these guys just won 500 million dollars -- surely Microsoft tried the same tactics that these new defendants are going to employ. I hope they work this time.
    - ErrantX 17y ago
      That makes sense: the thing that works in their favour though is the sheer number of huge companies who can bring their clout to this. They will collaborate to tie the proceedings up in decades of endless litigation. But more importantly think of the political clout of these companies.
NathanKP 17y ago
Good point. The government would also tend to be hesitant to let this put pressure on the bank as well because many banks are already in such trouble here in the US.
dagw 17y ago
On the other hand this is far from JP Morgans core business. So perhaps they'll be more likely to throw some money at them to shut them up, and not tie up a bunch of their lawyers in something which they have no real interest in.
- zaidf 17y ago
  Agree. And Eolas would gladly settle with JP Morgan to get the ball rolling and encourage others to follow suit.

cellis 17y ago

JP Morgan is no more formidable in litigation than Microsoft, and they've already beaten Microsoft.

warfangle 17y ago
Really? I have no metrics to go on other than assets/income. Do you have statistics? If nothing else, the sheer army of lawyers that could be brought to bear by the defendants could effectively paralyze Eolas under paperwork.
- NathanKP 17y ago
  The paper equivalent of a DDOS.
- cellis 17y ago
  Consider: Microsoft has been in business for 3 decades and 2 of them have been spent fighting IP lawyers. They're much more likely to know their way around software/IP law than anyone else. I'm not arguing much against your statement of a legal deluge on behalf of the defendents: I agree with that. However, these guys just won 500 million dollars -- surely Microsoft tried the same tactics that these new defendants are going to employ. I hope they work this time.
  - ErrantX 17y ago
    That makes sense: the thing that works in their favour though is the sheer number of huge companies who can bring their clout to this. They will collaborate to tie the proceedings up in decades of endless litigation. But more importantly think of the political clout of these companies.

NathanKP 17y ago

Good point. The government would also tend to be hesitant to let this put pressure on the bank as well because many banks are already in such trouble here in the US.

dagw 17y ago

On the other hand this is far from JP Morgans core business. So perhaps they'll be more likely to throw some money at them to shut them up, and not tie up a bunch of their lawyers in something which they have no real interest in.

zaidf 17y ago
Agree. And Eolas would gladly settle with JP Morgan to get the ball rolling and encourage others to follow suit.