New Frontier Advisors, LLC (Boston, MA) has sued Intuitive Allocations, LLC (Nashville, TN) for infringement of Patent Nos. 6,003,018 and 6,928,418 directed to portfolio optimization and rebalancing. The suit followed an article published by Intuitive describing its business methods, which New Frontier felt were infringing its patents.
The complaint asserts two counts, one for infringement and one for declaratory judgment of validity and enforceability.
Questions for consideration: Is affirmatively seeking declaratory judgment of validity and enforceability a common practice? What are the benefits to doing so, rather than simply responding to an affirmative defense / counterclaim? Is there any court that treats the issue differently because it was raised by the patentee first?
New Frontier Advisors, LLC v. Intuitive Allocations, LLC, 10-10923-RBC (D. Mass. June 4, 2010)