scruffynyc1, although I'm not Loop or Olddog, I'll chime in anyway.
First of all, I don't think that they're useless patents that are
part of the settlement agreement. In fact, I think that they're
likely quite strong. I'm sure that IDCC has competent enough
engineers to pick strong enough patents with relatively long
expiration dates for transfer.
That could definitely strengthen IDCC's negotiating position
for the holdouts like ZTE on futurelicenses - don't
forget ZTE has only been ruled by a jury to infringe on
patents that have already expired. No doubt that ZTE is
liable for this. But the future is more important that the
past because that's what stock prices primarily trade on.