XpresSpa Group Inc (XSPA)

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I/P Engine may merge with Vringo and has a patent portfolio which could be worth the order of $1,000,000,000 because of infringement claims central to profitable search-engine business models, against Google and others. It might appear that the subject patents cover the technology used by Defendants, but technical details in over 100,000 documents and debate about word meanings could result in an ultimate court finding that there is no clear infringement.

As with most such cases, the issues can be complex and the outcome not easily predicted. The latest filing asserts that Plaintiff has not provided a clear basis of infringement:

http://docs.justia.com/cases/federal/district-courts/virginia/vaedce/2:2011cv00512/271949/164/1.html