Litigation Financing Fund Ups Ante To $20M In IP Cases

Law360, New York (February 15, 2006, 12:00 AM EST) -- The growing industry for patent litigation financing is seeing an increase in the funds being offered to individual cases, as investors hoping to cash in on intellectual property lawsuits rush to back small-time inventors and patent holding companies.

Private investment firm Altitude Capital Partners is one of the newest on the scene, offering investments ranging from $1 million to $20 million to IP owners, corporations and law firms.

That figure is twice the maximum amount offered by rival Wingspan LLC, which opened its doors to clients...
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