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Lit Funders Face Possible Sanctions in Litigation Against Apple
Patent Market, Patent Watch, TPLF
This week there was a flurry of activity in Taction Technology, Inc.’s litigation against Apple, much of it centered around the plaintiff’s third-party litigation funding (TPLF), characterized as having been provided by two special purpose vehicles (SPVs) associated with the litigation finance firm Burford Capital. Among several recent orders issued by Magistrate Judge Jill L. Burkhardt of the Southern District of California, one in particular stands out in light of the continuing debate over TPLF-related discovery: an order to show cause why sanctions should not be imposed on the Burford SPVs for their potential violation of a duty of candor to the court.
July 21, 2023