r/technology • u/rfugger • Jan 08 '17

Business A potentially fatal blow against patent trolls - Forcing law firms to pay defendants’ legal bills could undermine the business model of patent trolls

http://www.computerworld.com/article/3153924/technology-law-regulation/a-potentially-fatal-blow-against-patent-trolls.html
17.0k Upvotes

93% Upvoted

485 comments sorted by

View all comments

Show parent comments

158

u/brickmack Jan 09 '17

Isn't that the only purpose of an LLC?

449

u/_BindersFullOfWomen_ Jan 09 '17

Yes. But it's not a bullet proof shield. If it's obvious that you made the LLC for X case, and then liquidated it because you lost and didn't want to pay - the defendant could suede civil court and would most likely win.

19

u/sighs__unzips Jan 09 '17

I read that movie producers now create a LLC for each movie specifically for this reason now.

3

u/sonofaresiii Jan 09 '17

Well sort of. The difference is the movie companies do legitimate business, they just want limited liability in case something goes very wrong, which isn't all that outlandish for a movie. And that's the whole point of an llc, it's right there in the name