Kristen Osenga on Litigation Financing

ICLE Academic Affiliate Kristen Osenga was quoted by IPWatchdog in a story about her group’s letter opposing efforts to mandate disclosure of third-party litigation financing. You can read the full piece here.

However, at the time of the LCJ letter, Kristen Osenga, chief policy counselor at the IDA, said the companies’ concern is disingenuous:

“These massive companies would like the courts to believe that they are only interested in ‘transparency’ and ‘fairness,’” Osenga said in a statement. “But their effort is about solidifying their unfair advantage in the justice system – and driving up the already steep cost of litigation.”

…The IDA was formed in September of this year with the aim of “helping startups, small businesses, and entrepreneurs defend their intellectual property rights and access capital.” It is led by Osenga, professor at the University of Richmond School of Law, and a board comprised of the Hon. Paul R. Michel, former Chief Judge of United States Court of Appeals for the Federal Circuit (CAFC); Russell Slifer, former United States Patent and Trademark Office (USPTO) Deputy Director; Alan Heinrich, attorney and adjunct faculty member at the UCLA School of Law; and Earl “Eb” Bright, president and general counsel of ExploraMed Development.

Osenga told IPWatchdog at the time the IDA was launched that the impetus for focusing on inventors’ right to capital “is about empowering inventors in a landscape that frequently sidelines their rights” and that the organization’s goal is to tell the “other side of the story.”