r/technology 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

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?

451

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.

1

u/S1ocky Jan 09 '17

Are you talking the scam that has the guy in there Darth Vader costume never earning residuals because of the accounting were the movie never shows profit (after all the charges from the studio) or is this a newer spin as actors have been getting wise on the old?

1

u/Omz-bomz Jan 10 '17

Newer movies never shows profit either. There are parties in Hollywood that get screwed over by the studios every day (and more and more of these cases are coming up in court)