Advice for Patent Owners; Omni Bridgeway Closes Secondary Market Transaction; Validity Layoffs; and Litigation Funding & Legal Insurance Event
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Announcement: Omni Bridgeway Announces Completion of Fund 1 Secondary Market Transaction
Omni Bridgeway?Limited?(Omni Bridgeway, Company, OBL) (ASX: OBL) announces that the sale of a participation in Fund 1 to?Gerchen Capital Partners?(GCP) has completed and the Initial Payment of $38-million has been received and distributed as set out in our announcement dated 11 May 2023.
Further, the residual interest in Fund 1, previously owned by the original investor, has been purchased by Fund 4, such that the original investor no longer retains any interest in Fund 1.?The continuing investors in Fund 1 will be GCP and OBL. Read the full article >>
Deals: Advice for Patent Owners Considering Third-Party Funding
An insights article by?Lauren Sabol?and?Lawrence Hoff?of?Fox Rothschild LLP, provides an overview of key considerations for patent owners when pursuing litigation funding for their infringement cases.
Sabol and Hoff emphasize that in order to begin the process, patent owners should enlist the services of experienced patent and litigation funding counsel before approaching funders with their case. They suggest that this kind of specialist counsel makes it more likely that patent owners will obtain a funding agreement with favourable terms, and enter into an agreement with full knowledge of the potential issues that can arise during litigation. Read the full article >>
Events: Litigation Finance and Legal Insurance Digital Event
Join?Litigation Finance Journal?at our next digital event: Litigation Funding and Legal Insurance, taking place on June 14th at 11AM EST.
One of the most exciting developments in the world of Litigation Finance is the widespread adoption of insurance?products. In this timely digital event, experts in Legal Insurance discuss how the two industries intersect, the benefits that?insurance products provide funders and law firms, and what future synergies are on the horizon.
Panelists include:
领英推荐
??Ross Weiner?with?Certum Group
??Stephen Kyriacou?with?Aon
? And moderator,?Rebecca Berrebi, Esq., Founder and CEO of?Avenue 33, LLC
RSVP to join the discussion below!
#litigationfinance?#litigationfunding?#legalfinance?#events?#litigationrisk?#contingencyrisk?#ATEinsurance
Commercial: TowerBrook Capital Partners L.P.?Cuts Investment with Validity; Funder to Lay Off Over Half its Staff
Bloomberg Law?reports?that New York-based?Validity Finance, LLC?plans to slash staff from 20 down to 7-10. The funder has already let?six employees go, with more layoffs to come. Validity CEO?Ralph Sutton?says the funder will focus on IP claims going forward, as those have been the most profitable, with the funder having “won” all of its eight completed patent investments. Read the full article >>
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