Los Altos, CA – South Korean premier IP services corporation WIPS Global has announced its partnership with MaxVal Group, Inc. by purchasing US-based MaxVal's curated patent litigation data and the databank application programming interface (API) to provide their clients comprehensive insight into patent lawsuits. WIPS would feature MaxVal’s Litigation Databank on its Website as an additional searchable resource, complementing their current patent database offerings. WIPS is joining a growing list of entities that use MaxVal’s patent litigation data to provide value added information to their clients.
MaxVal’s patent litigation databank is an exhaustive collection of cases (71,000+) of the US District Court, Court of Appeals for the Federal Circuit, International Trade Commission, and Supreme Court. It contains fully searchable databases with information related to patent litigation from ECFs–electronic case files, PACER–public access to court electronic records, ITC, etc. It features complaints, docket reports, patent and product details, and patent file histories. The databank allows you to watch cases by patent numbers, product names, party or inventor. Data is also available on the outcome of closed cases, such as settlements, dismissals, judgments, etc. Clients can query and analyze using over 20 litigation parameters including patent numbers, product names, plaintiff, defendant, court, judge, law firm, outcome of cases, etc.
MaxVal’s patent litigation databank has state of art features like proactively monitoring and querying whether patents of interest have been litigated, gaining analytical insights on judges, plaintiffs, defendants, filing trends and courts, and staying updated with patent litigation alerts.
You can seamlessly integrate the Litigation Databank API to your internal patent database or tools to derive analytics and map litigation information to your study. The API service allows your patent databases/tools to interface with MaxVal's patent litigation databank and populate litigation data based on your requirements without incurring any PACER expenses.
USPTO emphasizes the importance of patent litigation histories: "Information about whether a patent has been the subject of a lawsuit can be helpful to someone who has received a complaint or a demand letter, including helping them identify other parties who might have faced similar issues and providing information about the outcomes of other lawsuits involving the patent.” MaxVal is listed by the USPTO as a provider of litigation information.
“Patent litigation is the sport of kings. It is expensive and drains resources of the parties. Any advantage a user can gain from analyzing past behavior of the parties and the disposition of the patents can provide valuable advantage. We are pleased that WIPS’ customers can now save significant time and legal costs using the litigation databank”, says D.Bommi Bommannan, Founder and CEO of MaxVal.
As the fastest growing Intellectual property experts in Korea, it was imperative for WIPS Global to empower clients with comprehensive and accurate patent case and dispute history, which could help them make critical decisions. Maxval’s patent litigation system API seamlessly integrated into our database - Lee Songho, Managing Director, WIPS.
About MaxVal, Inc.
Founded in 2004 by D.Bommi Bommannan, a patent attorney, to assist in-house legal teams and patent operations, MaxVal specializes in patent lifecycle management, providing technology-enabled solutions and expert services, and helping clients manage their intellectual property-related challenges through cost-effective solutions that reduce risk.
About WIPS Global
WIPS is the premier online worldwide patent information service provider in South Korea. Founded in 1999, WIPS began to provide on-line patent information services. Now WIPS provides a full range of intellectual property services, including patents, trademarks, copyrights, industrial designs, IP consulting, and IP education. It is the only authorized government-designated prior art search institute by KIPO (Korean Intellectual Property Office) in areas of patent, trademark, and design.