PanIP Drops E-commerce Patent Lawsuits

Darlok writes "Back in October 2002, PanIP sued 50 small businesses, claiming patents over basic E-commerce functions. One of the defendents set up a group defense fund, and in the last week, contributors to that fund have been notified by e-mail and this notice on the fund's homepage that PanIP has agreed to drop its lawsuits without any licenses being issued. The U.S. Patent Office is currently reviewing the patents in question. Hopefully this will set some sort of precedent ..."