What is Patent Infringement?

As most economies encourage innovation and technological advances are occurring at a rapid rate, disputes arising from, or to, enforce patents will continue to rise. In certain jurisdictions patent disputes are resolved in specialist courts such as the Intellectual Property and Enterprise Court in London.

Patent Infringement disputes are complex and often very expensive, with many having costs that reach the millions of pounds mark. Given the sheer size of such claims, third-party litigation funding can be essential for many of these disputes.

In the UK, infringing on a patent can be categorised by:

• Direct infringement: when a product protected by a patent is manufactured, without gaining permission from the patent holder.

• Indirect Infringement: the accused causes or encourages another party in infringing a patent.

• Contributory Infringement: when a party supplies a direct infringer.

• Literal Infringement: if there is a correspondence between the words in the patent claims and the infringing device.

Patent Infringement and Litigation Funding

Many patent infringement cases require significant funds to get started. Often, small businesses or individual investors are the patent holders affected. This often results in a significant mismatch in resources between the two parties involved. These facts demonstrate how cost can be a significant barrier for many claimants.

Litigation funding can be a vital resource for individuals or organisations pursuing these claims in order to level the financial playing field.

FINLEGAL.IO and Patent Infringement

FINLEGAL.IO’s unique and intuitive one-form single application system is designed to suit a wide range of claims, no matter the size or nature. Through a combination of funding, technology and people, we are able to save crucial time for both lawyers and funders.

Our team of experts have built a process that helps lawyers construct a well-written and structured request for class action litigation funding. Using our video guides and tips on using the right language, you will produce a request with the best chance of securing funding.

When your litigation funding request is complete, it will reach a single market filled with funders seeking their perfect match. Be assured when using FINLEGAL.IO that all compliance requirements are met and that your case is on course to receive the best commercial terms for third-party funding.

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