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UK Litigation Funder, IP Firm Put Funding Row To Rest

Law360, New York (September 21, 2017, 4:46 PM EDT) -- A U.K. litigation funder has reached an agreement with Chicago-based patent litigator Niro Law Ltd. to end a suit accusing the firm of refusing to hand over a cut of its attorneys’ fees to repay millions of dollars in loans.

Niro, which made a name for itself representing nonpracticing entities, also known as patent trolls, and litigation funder 1st Class Legal Ltd. filed a joint stipulation of dismissal on Wednesday for both the original claims and Niro’s later counterclaim, stating that both parties will pay their...
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Case Information

Case Title

1st Class Legal (I.S.), Ltd. v. Niro, et al.


Case Number

1:16-cv-06793

Court

Illinois Northern

Nature of Suit

190(Contract: Other)

Judge

Honorable Robert M. Dow, Jr

Date Filed

June 29, 2016

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