This is an easy one to answer. When we get a submission we send it off to many of the underwriters that we use, then they look at the case to see how strong it is and the probability of a successful verdict. Since litigation financing for this is very risky is does take some time to do this, especially since it is non recourse (recourse is sometimes the case also). In deciding if patent litigation funding is possible some things may be required from you to get qualified and or approved.
Before going to diligence these are some questions that need to be answered to be considered for patent litigation funding.
Yes there are a lot of items that are needed but commercial IP funding but that is because there is usually a good amount of money that is needed for non recourse IP financing, in both soft and hard IP. Most firms in the past would take an IP case on full contingency but in today’s environment that is a thing of the past. Thus, there is commercial IP litigation financing.
We can help you and your firm with both single case and portfolio IP funding. With this type of financing it can help.
It is usually available in any state of litigation, so if you are at the beginning of litigation in one of your IP cases or if you are in the middle of an appeal, we can help!
This type of commercial litigation funding can help with needed experts for a case, or relieve the cost burden for a business, or it can be used to grow a business or a law firm. Usually, it is up to the business, law firm, or individual that is taking the non recourse financing but the terms that are signed will outline the use of the funding. When it comes to a invention that a patent holder has secured, we help those against the well capitalized defendants that sometimes have unlimited resources to fight the suit at hand. We know that IP suits are usually more risky that other types of litigation cases. That is why at Verum Funding we can help minimize the risk.
The Verum team has years of working on the most complex trial cases. Our funding is fast, transparent, and can be completed with minimal interruption to you, your business, or your law firm. That is why many have chosen Verum Funding. Our Patent litigation financing is there to deliver the capital that is needed in court case when it is needed most. If our IP litigation funding is something that could be use in your case please reach out to us by filling out a submission form on the page, emailing, or by calling us at 434-535-5229.
Verum Funding, the leader in patent litigation financing.