Mr. Bascom may indeed have invented and patented the technology, but the costs of invention and patenting of this sort of technology are likely not anywhere near the cost of prosecuting an infringement action or defending a declaratory judgment action.

FORBES: Just Another Lawsuit Against Facebook.....Maybe Not

The Theory posits that the Alaska Trustee should immediately file an action in Alaska against the Creditor for a Declaratory Judgment.

FORBES: Will Declaratory Judgment Actions Be The Savior Of Domestic Asset Protection Trusts? Probably Not.