Jon E. Wright, director at the intellectual property law firm Sterne, Kessler, Goldstein & Fox, P.L.L.C., discusses what you need to know regarding settlement and termination in IPR proceedings. Mr. Wright details five principles to consider including the Board can and has terminated cases prior to institution, the Board is not party to the settlement, the sooner the better for termination, the Board requires submission of the unredacted settlement agreement, and the Board will consider the overall posture of a case prior to termination.