Sentences with phrase «because shell company»

Because the shell companies don't make or do anything besides file lawsuits, they are not vulnerable to patent countersuits such as the one Facebook filed against Yahoo.

Not exact matches

That's because patent trolls, unlike productive companies, are just shells without real assets or business operations, meaning they're not vulnerable to counterclaims in a patent case.

In the beginning, that's a great business model, right, because all you're doing is you create this anonymous shell company, you give it a name, you don't care who actually is behind it and you stick it in a folder and you forget about it until a year passes and it's time to invoice for the renewal.

Just because you have a shell company does not mean necessarily that you're doing anything illegal.

Of 300 offshore shell companies identified by Reuters, 22 would typically have been required to have published the beneficial ownership information by now because their reporting dates fell in the weeks since July 1, when the rules came into force.

«Criminals use U.S. shell companies to commit financial fraud, drug trafficking, even terrorist financing, in part because our states don't require anyone to name the owners of the companies they form,» Levin said in an email to Reuters.

I love hanging out with people who are fun and outgoing because I can be shy sometimes, but I come out of my shell in good company.

The Manchurian Candidate is getting reissued because MGM wants to piggyback the P&A for this summer's star - studded remake, Dead of Night because it's a perennial cult fave, and Uncle Sam because Lustig owns the company; three separate objectives, then, for putting out three different pictures all concerning shell - shocked war veterans bringing the violence home with them.

Taxi accident cases can be complicated because cab companies attempt to avoid liability by safeguarding their assets through shell businesses and trying to classify cab drivers as independent contractors.

This is because insurance companies will have to shell out more money in unfavorable driving conditions more than favorable and safe driving conditions.

This may address a common complaint among troll victims: they don't know who is suing them, because the trolls» investors can hide beyond lawyers and shell companies.

This is because most patent trolls are shell companies and many are structured to ensure that the troll never loses.

As we've noted before, Google's non-aggression pact is no magic bullet to stop nuisance cloud - based lawsuits, in part because it provides little deterrent to so - called trolls — shell companies, often backed by lawyers and private investors, that do nothing but acquire old patents in order to file lawsuits.

Sometimes the plaintiff is a shell company — an entity that can assert patents without worrying about losing its assets, because it doesn't have any (besides the patent itself).

Because trolls use shell companies with very few assets to sue, the bond requirement is an important one that would require patent trolls to put their money where their mouth is.

«We favor the type of bonding provision that Sen. Hatch included because it would require patent trolls, and especially their shell companies, to put their money where their mouth is,» she said.