E-cig patent wars begin...

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AegisPrime

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Fontem Ventures/Imperial Tobacco Group Sues US E-cig Companies for Infringement — TobaccoToday

On Wednesday, March 5, 2014, Fontem Ventures B.V., a Netherlands-based, wholly-owned subsidiary of Imperial tobacco Group, a British multinational tobacco company headquartered in Bristol, United Kingdom and the world’s fourth-largest cigarette company, filed suit against the following US e-cigarette companies: njoy, Spark Industries (Cig2O). Vapor Corp., LOEC (Blu Cig/Lorillard). FIN Branding/Victory E-cigs. CB Distributors (21st Century Smoke), Logic Technology, VMR Products (V2 Cigs and Vapor Couture) and Ballantyne Brands (Mistic). The suit alleges patent infringement, citing four patents that Fontem purchased as a part of a portfolio of intellectual property acquired in late 2013 from Dragonite International Limited, China, for $75 million. This news suggests that Fontem/Imperial is going to be aggressive in asserting its patents and seeking a return on its investment in the Dragonite portfolio. Despite consistent comments from US e-cigarette companies that the Dragonite portfolio was of dubious value, it appears as if Fontem/Imperial is eager to let the courts resolve the matter.
 
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