Without patent reform, Living Direct might have to file for bankruptcy, said Mark Baker, its general counsel.
The online retailer, founded in 2000 now has 60 employees, and faces multiple “patent troll” lawsuits which threaten to drain it of all of its cash, Baker told a seven-person panel Thursday morning meeting on patent reform at HomeAway’s headquarters in downtown Austin.
“As soon as we were listed as one of the fastest growing retailers in the country, we became the target...
