SOURCE: Marathon Patent Group

Marathon Patent Group

October 27, 2014 08:30 ET

Judge Issues Order in TLI Communications LLC Patent Litigation

Claim Construction Hearing Set for Jan 20, 2015 at University of Virginia Law School

ALEXANDRIA, VA--(Marketwired - Oct 27, 2014) - Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"), a patent licensing company, announced today that on October 16, 2014, Honorable United States District Judge T.S. Ellis, III, issued an order relating to all member cases in the TLI Communications LLC patent litigation.

The order scheduled a claim construction hearing for 2:00 p.m., Tuesday, January 20, 2015, and the hearing will be held at the University of Virginia School of Law in Charlottesville, Virginia where it will be incorporated into a class on patent law.

A "Claim Construction Hearing," also known as a "Markman Hearing," is a pretrial hearing in a U.S. District Court during which a judge examines evidence from all parties on the appropriate meanings of relevant key words used in a patent claim, when patent infringement is alleged by a plaintiff.

"We are pleased to have the TLI Communications patent litigation be a part of the University of Virginia School of Law learning experience. The TLI claim construction should provide the students with a unique opportunity to experience first-hand a significant part of the patent litigation process," said Doug Croxall, Founder and CEO of Marathon Patent Group.

TLI Communications LLC is represented in the litigation by Robert Whitman and Mark Raskin of Mishcon de Reya New York LLP. "We think the Court's idea of working with UVA law school on a project like this is great for a law student's education. Mishcon de Reya is excited to be able to show the students at UVA a real-world demonstration of the claim construction process," said Whitman and Raskin.

About Marathon Patent Group

Marathon is a patent acquisition and monetization company. The Company acquires patents from a wide-range of patent holders from individual inventors to Fortune 500 companies. Marathon's strategy of acquiring patents that cover a wide-range of subject matter allows the Company to achieve diversity within its patent asset portfolio. Marathon generates revenue with its diversified portfolio through actively managed concurrent patent rights enforcement campaigns. This approach is expected to result in a long-term, diversified revenue stream. To learn more about Marathon Patent Group, visit www.marathonpg.com.

About Mishcon de Reya New York LLP

Mishcon de Reya New York LLP commenced operations in 2010 and has subsequently grown to over 25 attorneys with capabilities across ten different practice areas: Complex Civil Litigation, IP and Patent Litigation, Family, International Arbitration, Internal Investigations, White Collar Criminal and Regulatory Defense, Fraud and Asset Recovery, Hedge and Mutual Funds, and Employment Litigation. We fiercely guard our clients' interests, offer flexibility in what can be an overly rigid profession and avoid traditional models. The firm acts for plaintiffs and defendants, institutions and individuals, with very low levels of conflict. We are trial lawyers, experienced advocates at both the trial and appellate levels.

Many of these influences stem from Mishcon de Reya London, which in 2012 celebrated the 75th anniversary of its founding, the same year in which it was recognized by its peers as U.K. Law Firm of the Year not once, but twice. Both offices have a strong litigation heritage, with more than 200 litigators representing a diverse portfolio of clients in more than 60 countries.

Safe Harbor Statement

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), not limited to Risk Factors relating to its patent business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

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