In determining patent-owner standing, the Supreme Court must decide if a patent owner's concurrent licensing rights held by a third party can negate their Article III standing.
The Federal Circuit's ruling in favor of IT indicated that sufficient rights remained with the patent owner despite Main Street's ability to license the patent, raising crucial legal questions.
Main Street's significant rights after OnAsset's default challenge the notion of exclusivity that underpins Article III standing for patent owners, potentially reshaping patent law.
Zebra's petition contests the Federal Circuit's decision, arguing that concurrent licensing rights granted to a security interest holder strip a patentee of necessary standing to sue.
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