Litigation Funder Burford Claims Entitlement to $1.4 Billion From Apple Patent Verdict

Litigation funder Burford Capital said it would be entitled to $1.4 billion of the Apple haptic patent verdict, though the verdict faces significant trial court and appeal risks and the parties may settle for considerably less. Consumer hardware founders should understand that patent litigation now attracts third-party funding—settlements are less predictable, and litigation timelines can extend 3-5 years.

Source: ET Tech ↗