22 years after coming up with the idea for a technology patent and 10 years after he saw Microsoft Corp. was infringing it, inventor Michael Kaufman has secured a $10 million award from the tech giant, thanks in part to funding from Woodsford.
22 years after coming up with the idea for a technology patent and 10 years after he saw Microsoft Corp. was infringing it, inventor Michael Kaufman has secured a $10 million award from the tech giant, thanks in part to funding from Woodsford.
A court filing has revealed that a GLS Capital affiliate and Law Finance Group are funding a patent infringement suit brought by Microspherix against Nexplanon, a contraceptive implant whose US sales were nearly 10% of Merck & Co. spinoff Organon & Co.’s 2022 revenue.
The team at Woodsford explains why litigation funding is such a great fit for antitrust matters, and provide insight into the softer benefits of litigation funding, including an additional layer of diligence at an early stage of the process, leading to greater rigour in risk and cost-benefit assessments.
Sysco has sued affiliates of Burford for allegedly meddling in the food distributor’s efforts to settle several major antitrust cases in which it’s a plaintiff, while Burford argues that Sysco has breached the funding agreement by assigning some of the claims, giving Burford the right to veto the settlements.
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