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ARTICLE · 30 MARCH 2023

NPE Showcase – Traxcell Technologies, LLC

Seyfarth Shaw LLP
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This is the latest in the series titled "NPE Showcase," where we discuss high-volume non-practicing entities (or as some call them, "patent trolls"). This installment will focus on a company...

United StatesIntellectual Property

This is the latest in the series titled "NPE Showcase," where we discuss high-volume non-practicing entities (or as some call them, "patent trolls"). This installment will focus on a company named Traxcell Technologies, LLC.

Non-practicing entities, by their very nature, have few assets other than the patents asserted in a lawsuit. NPEs are typically single entity LLCs that shield the real stakeholders from liability should things go south. Rarely, an NPE can be held liable for filing a baseless lawsuit and owe the defendant attorneys' fees. But courts are reluctant to find a lawsuit "baseless" unless it meets the high standard of "no reasonable litigant could realistically expect to secure favorable relief".

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