A series of annual statements filed in Georgia have identified an executive at Atlanta-based patent monetization firm IPInvestments Group LLC (d/b/a IPinvestments Group) as an “Authorized Person” for a group of NPEs that collectively acquired thousands of patent assets from Intellectual Ventures LLC (IV) late last year. Meanwhile, this past week saw the first outbound assignment by one of those Georgia NPEs come to light, involving over 70 US assets—followed in short order by the new assignee’s inaugural patent suit, filed against Hyundai. Patents originating with Daimer Chrysler or Intel are among those asserted.

Last week, RPX noted a series of late-2019 patent assignments from Intellectual Ventures LLC (IV) to a batch of newly formed NPEs with apparent ties to an Atlanta law firm. With additional IV divestures to that group having since been made public by the USPTO, the scope of the transactions—which collectively involved upwards of 3,500 US assets, including many developed by major operating companies—is now coming into focus.

Public records suggest that a batch of newly formed NPEs, with apparent ties to an Atlanta law firm, are gearing up to assert multiple patent portfolios received late last year from Intellectual Ventures LLC (IV). The transacted portfolios—which were divested by IV in mid-November—comprise hundreds of US assets, as well as a number of foreign counterparts, and include patents originating with operating companies spanning multiple industries.