Patent holders are increasingly concerned about having to pay their adversaries’ legal fees. The litigation funder Gerchen Keller Capital thinks it has a solution.
Gerchen Keller launched a new affiliate on Friday called Athena FSP (FSP stands for “fee-shifting product”). Athena makes a simple offer to patent holders: If a judge grants your opponent’s attorney fees, we’ll cover $3 million of the award. In exchange, Athena will take a cut of the winnings if the plaintiff secures settlements or verdicts.
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