Kodak Sues Apple over Patent Ownership Dispute

In a new lawsuit, Kodak has accused Apple of attempting to interfere with its plans to sell off its patent portfolio. According to Reuters, the suit was filed on Monday in the U.S. bankruptcy court in Manhattan. Kodak has accused Apple of falsely claiming to own 10 patents related to a cooperative project between the two companies in the 1990s, the QuickTake camera.

The 10 patents that are in question are among more than 700 that Kodak is trying to sell. However, the lawsuit alleges that Apple has used “its substantial cash position to delay” the sale of those patents, and also to prevent Kodak from collecting royalties.

In addition, a defendant in the case is FlashPoint Technology Inc., which claims ownership of patents through an assignment from Apple. Earlier this year, Kodak filed for Chapter 11 bankruptcy and it has been reportedly said that the company has a patent portfolio potentially worth billions of dollars. The company is expected to auction its patent portfolio in early August, and to announce a winning bidder by August 13.

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Parth Dhebar

Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.