Supreme Court: No Laches Defense in Patent Infringement Actions
Equity aids the vigilant, not those who slumber on their rights. This is a legal maxim that speaks to fairness, and in the courts, the maxim finds its roots in the equitable defense of laches. Laches differs from a statute of limitations, which apply to particular situations.
The Supreme Court recently addressed the distinction between laches and statutes of limitations in patent cases.