Delaware Chief Judge Targets Funding Disclosures in Patent Cases

A Delaware Chief Judge has summoned a personal injury attorney who has filed nearly 800 infringement lawsuits in the last three years and many others to appear in a series of hearings probing whether the parties have accurately disclosed information about their funding arrangements, building on the judge’s standing order for parties in all cases, not just patent disputes, to disclose when they’ve accepted litigation funding from an outside source—an uncommon requirement seen in few other US courts. Read more.

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Investment Bank-Backed Patent Shop Adds ‘Law Firm’ to Its Resumé

The owner of PatentVest, an investment-bank backed patent shop turned law firm, has defended the firm’s alternative business structure, arguing that “a law firm owned by a venture capital group that is truly interested in driving innovation and bringing new technologies to the market is better than a firm owned solely by litigation funders”.

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