A claim that KIP Co. and litigation funder Paulina Funding improperly diverted a $203 million damages judgment which Samsung was ordered to pay for the infringement of semiconductor technology has been dismissed by the Wisconsin District Court on the basis that Wisconsin is not the most convenient venue for the dispute. Read more (free membership required to access content).
Litigation funder Henderson & Jones and law firm Freeths have agreed to a confidential settlement of a £5.6 million ($6.8 million) claim after the law firm admitted to giving advice which caused the funder to miss its chance to bring a claim against an insurance company.
Samsung‘s $150 million payment to settle a patent infringement claim brought by Nanoco Group and funded by GLS Capital proves that patent litigation finance works, which is why some want it curtailed.
GLS Capital has announced that it was the funder behind Nanoco‘s patent litigation against Samsung, which resulted in a “transformative” $150 million settlement.
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