Patent Marketplace Co. IPwe Hits Ch. 11 In Del.

By Jonathan Romeo (January 25, 2024, 5:27 PM EST) -- IPwe, a patent trading platform operator, is petitioning for Chapter 11 protection in Delaware with about $7.2 million in debt, a significant portion of which is held by IBM, citing an inability to adapt to changing market conditions, prolonged software sales cycles and difficulties in securing additional equity capital....

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