Comments on: Lien on Nortel Patents http://renaud.ca/wordpress/?p=88 Making Sense of Virtual Reality and That Other Reality Thu, 17 Jun 2010 03:22:21 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: renaud http://renaud.ca/wordpress/?p=88&cpage=1#comment-24 renaud Sun, 27 Sep 2009 20:40:20 +0000 http://renaud.ca/wordpress/?p=88#comment-24 IMHO you should explore launching a class action suit on the uncompensated patents. This will ease your legal costs since lawyers in a class action are paid a percentage of the outcome. It will also have more weight and get more press than a solo action would. IMHO you should explore launching a class action suit on the uncompensated patents. This will ease your legal costs since lawyers in a class action are paid a percentage of the outcome. It will also have more weight and get more press than a solo action would.

]]> By: mitch http://renaud.ca/wordpress/?p=88&cpage=1#comment-22 mitch Sat, 26 Sep 2009 19:32:00 +0000 http://renaud.ca/wordpress/?p=88#comment-22 Interesting tactic, Paul. My experience from my Nortel patenting days: they were very disorganized. First, IP from employment contracts are virtually useless. But the patents are different. The inventor is the owner of the IP until the application is filed. With the filing, the employee signs over the patent to the assignee (Nortel). Since it is a contract, there is supposed to be a transaction (as little as $1 would suffice). But Nortel had no such system in place to compensate inventors until about 1995 when it introduced a reasonable compensation system (up to $5,000k + per inventor). With this confusion in mind, does Nortel own outright the patents it paid inventors post 1995? Do the inventors still rightly own the patents prior to that? I'd love to know. Of my 18 patents about 2/3 were not compensated. Interesting tactic, Paul. My experience from my Nortel patenting days: they were very disorganized. First, IP from employment contracts are virtually useless. But the patents are different. The inventor is the owner of the IP until the application is filed. With the filing, the employee signs over the patent to the assignee (Nortel). Since it is a contract, there is supposed to be a transaction (as little as $1 would suffice). But Nortel had no such system in place to compensate inventors until about 1995 when it introduced a reasonable compensation system (up to $5,000k + per inventor).

With this confusion in mind, does Nortel own outright the patents it paid inventors post 1995? Do the inventors still rightly own the patents prior to that? I’d love to know. Of my 18 patents about 2/3 were not compensated.

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