"Far from being a public harm, litigation finance is a net public good according to the panel, because it supports a secondary market for patent rights."
"Litigation financing is when a third party pays for some portion of litigation costs in return for a premium on their investment."
"The investment is often non-recourse: if the patent claimant does not receive licensing or settlement money, then the lender loses its entire investment."
"Financiers take large risks with non-recourse loans and only invest in the most promising cases."
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