In September 2020, Philips filed a raft of district court complaints—one against each of Dell (1:20-cv-01240), HP (1:20-cv-01241), Intel (1:20-cv-01243), Lenovo (1:20-cv-01242), LG Electronics (LGE) (1:20-cv-01244), MediaTek (1:20-cv-01246), and Realtek Semiconductor (1:20-cv-01247) in the District of Delaware, as well as one against Qingdao China Prosperity State-Owned Capital Investment Operation Group (Hisense) (2:20-cv-08546) in the Central District of California—within one day of filing a complaint before the International Trade Commission (ITC) naming these defendants as proposed respondents. The ITC action ended in no violation established, prompting a subsequent lift of the customary district court stays; however, in July 2024, Philips transferred the asserted patents to Media Content Protection LLC, an entity managed by experienced patent monetization professionals and backed by a prominent litigation funder. The dust has almost entirely settled on the plaintiff swap here, Media Content Protection for Philips.

The third quarter of 2024 saw multiple funded NPEs launch new patent campaigns, with several funded plaintiffs also filing new cases in existing litigation campaigns. In addition, towards the end of the quarter, a jury in the Eastern District of Texas awarded a large verdict to a plaintiff funded by a prominent litigation finance firm.

Recorded US patent assignments recently made public include several transfers of former operating company patents worth watching, including a transfer of more than 20 US assets into the hands of a newly-formed Delaware entity tied by an experienced monetization team that has run several litigation campaigns with the backing of third-party litigation funding; a transfer from the same source to another Delaware entity of uncertain management but possible connection to a prolific foreign monetization operation; and a transfer between two active NPEs of a couple of wireless communications patents received by one of them from an operating company back in April 2021. Those USPTO records also contain the divestiture of more than two dozen memory patents from an operating company and its acquired subsidiary to a recipient with suggestive ties.