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Senate Minority Whip John Cornyn, R-Texas, introduced a...

Senate Minority Whip John Cornyn, R-Texas, introduced a bill Wednesday aimed at curbing abusive patent litigation. The Patent Abuse Reduction Act (http://1.usa.gov/14S8p9Q) would require plaintiffs in patent lawsuits to disclose the substance of their claim and their identities, and require…

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the losing party in the suit to pay for the cost of litigation, among other provisions. “These reforms will deter patent litigation abusers without prejudicing the rights of responsible intellectual property holders,” Cornyn said in a news release. The Software & Information Industry Association lauded the bill as a “crucial step toward an effective legislative response to the plague of patent trolls damaging American innovation and our economy."