Yep (ThAnKs ObAmA/GoOgLe). The IPR process of the AIA was implemented in a way that basically meant any patent worth asserting could be ~95% chance be invalidated for roughly $300k In USPTO & legal fees. Mayo/Alice SCt decisions threw a cloud of uncertainty over most patents.
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AFAIK only Zuru distributes bunch'o'balloons. Did they screw him?
Ok, just read the article. He's not paying the $17 million in legal bills. Zuru is. There's no way he could be paying that much off of royalties.
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His relationship with his attorneys, contractors, manufacturers is his business. Separately, the US patent system has declined. Both issues likely played a role in how the parties came to terms; but, so what? The first to invent should get the right of exclusion!
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Returning to my original point - his story isn't evidence that the system isn't working. Zuru was selling $100M/year - whatever marginal additional sales they might have had in a counterfactual world clearly wouldn't change the incentives significantly.
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