IV Entities Make Corporate Ownership Disclosures Before Judge Connolly

The operation of Delaware Chief Judge Colm F. Connolly’s April 2022 standing order regarding heightened disclosure of corporate ownership somewhat famously led to the dismissal of the Delaware leg of litigation filed by VLSI Technology LLC, a plaintiff tied to Fortress Investment Group LLC, against Intel. VLSI Technology contended that its disclosure had reached the limits of its knowledge about who owns it, but Intel—and apparently Judge Connolly—were unsatisfied. Covenants not to sue and a stipulated dismissal followed. Recently, a pair of Delaware cases involving another longtime patent monetization player, Intellectual Ventures LLC (IV), landed before Judge Connolly for the first time, the IV entities named facing that same April 2022 standing order.