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9 February 2017Americas

CPA Global seeks settlement after claims it overcharged patent fees

IP management company CPA Global is looking to finalise a settlement agreement with medical diagnostic company Run Them Sweet (RTS) following allegations that CPA overcharged patent fees.

In July last year, LSIPR  reported that RTS had filed a lawsuit at the US District Court for the Northern District of California, claiming that it was overcharged for foreign patent renewal fees by CPA Global.

RTS claimed that there had been a breach of contract, unjust enrichment and violation of the state’s Unfair Competition Law.

CPA allegedly made false representations about the fees that were required and did not explain the breakdown of charges.

The complaint was then transferred to the US District Court for the Eastern District of Virginia in October last year.

According to a January 30 order, the parties engaged in successful mediation, have agreed in principle to settlement and have signed a memorandum of understanding.

In order for the parties to finalise the settlement, the district court granted their request to stay all deadlines for 30 days and cancel the case hearing, which was initially scheduled for February 17.

The case is stayed until March 1.