In June, the House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet held a hearing examining recent developments with respect to IP litigation financed by third-party investors and foreign entities and their potential impact on the country’s IP system and national security. The panel of witnesses comprised four academics and former Representative Bob Goodlatte (R-Va.) and culminated with an announcement by Representative Darrell Issa (R-Ca.) that he intended to soon release draft legislation requiring disclosure of third-party litigation funding (TPLF). A discussion draft of that bill was unveiled this week.
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