Advantages of Settlement on Appeal: because appellate court rulings are unpredictable. For the patent holder, a settlement on appeal ensures financial compensation without the risk of a verdict being overturned. For the infringer, it provides finality and avoids further legal expenses. 7. Leveraging Mediation and Arbitration for Patent Settlement In many central african republic b2b leads patent disputes, Alternative Dispute Resolution (ADR) methods such as mediation and arbitration offer effective ways to reach a settlement without the cost and time of full-scale litigation. These methods involve the use of neutral third parties to facilitate discussions and help reach an agreement.
7.1 Mediation in Patent Disputes Mediation is a voluntary process in which a neutral mediator helps the parties negotiate a settlement. The mediator does not impose a solution but helps guide the discussion and provides suggestions. Benefits of Mediation Confidentiality: Unlike public court proceedings, mediation remains confidential, protecting both parties from unwanted publicity. Flexibility: Mediation allows for more creative solutions tailored to the needs of both parties, such as licensing arrangements or collaborative R&D agreements. Preserving Relationships: Mediation is less adversarial than litigation, which helps maintain business relationships, which can be crucial for companies in the same industry.