Originally Posted by
Mike Henderson
I understand your position, Fred, but I'm not as pessimistic about a company being unable to press its case in court. LN is not without resources and there are ways to share the cost of litigation by giving up part of the recovery*.
The point I'm trying to make here is that Woodcraft did what any other business would do in deciding to enter the business - they followed the law. I understand that what they did might have a negative impact on LN (and others), but that's the way capitalism and free markets work. Schumpeter's "creative destruction" is often very painful but provides the dynamic growth that makes our country what it is.
Mike
*When I was with Rockwell Semiconductor, an individual (not another company) sued us for infringing his patent. We didn't think he had a case and went to trial. He won $52M. Maybe we didn't do a good job in court, but we had a LOT more assets than he did. We probably could have settled prior to trial for a tenth of that.