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$49M Litigation Budget Detailed in New Complaint Against Longford

December 29, 2023

Arigna Technology Limited, one of more than a dozen plaintiffs associated with Dublin-based patent monetization firm Atlantic IP Services Limited, has filed a complaint for declaratory judgment against litigation finance firm Longford Capital. Surprisingly, a complete and unredacted copy of a funding agreement between Longford and Arigna’s litigation counsel, Susman Godfrey, LLP, was included as an exhibit to Arigna’s December 18 complaint (which has since been sealed), providing a look at the budget for an expansive patent litigation effort that has targeted automotive makers as well as mobile device makers across multiple venues in the US and Germany.


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