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Funded Monetization Team Appears Up and Running
Patent Market, Patent Watch, TPLF
By now this general pattern has become familiar: the formation of an LLC in a state where a monetization outfit would like to file suit, the acquisition from an operating company of a patent portfolio over which the outfit would like to sue, the procurement of financial backing for the litigation, and ultimately, one or more complaints filed in US district court in that state over that portfolio with that funding. While some monetization teams are more open about such efforts, others seek to obscure their own identities as well as the identity of their funder. A recent assignment, and its parallels to others, raises questions about whether an unnamed team in the latter camp has been operating over the past year or so.
June 22, 2024