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ARTICLE · 13 OCTOBER 2022

NPE Showcase – Stormborn Technologies

Seyfarth Shaw LLP
Seyfarth Shaw LLP
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Many high-volume NPEs are subsidiaries of a larger company that segregates liability by creating separate LLCs for each subset of their patent portfolio. One of the more active "parent companies" is IP Edge...

United StatesIntellectual Property

This is the latest in the series titled "NPE Showcase," where we discuss high-volume non-practicing entities (or as some call them, "patent trolls"). This installment will focus on a company named Stormborn Technologies, an IP Edge entity.

Many high-volume NPEs are subsidiaries of a larger company that segregates liability by creating separate LLCs for each subset of their patent portfolio. One of the more active "parent companies" is IP Edge, which owns several high-volume patent assertion entities under different company names. The numbers are staggering: IP Edge currently has 245 active lawsuits and 4,179 inactive (settled or dismissed) cases across its 240 known entities. RPX estimates "roughly 70% of IP Edge cases terminate within 180 days of filing, with reported settlement amounts typically an order of magnitude lower than the cost of an inter partes review ... suggesting that the NPE has adopted a business model of seeking settlement amounts that make

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