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Chinese-funded lawsuits fuel backlash against litigation financiers

$13bn industry works to counter lawmakers’ concerns that foreign backing could fuel corporate espionage
The state capital of Delaware, where a Chinese company has backed two IP cases against Samsung

The revelation that a Chinese company is funding several US patent lawsuits has put the $13bn litigation finance industry on the defence over claims that Beijing could exploit the American legal system and spy on corporations.

Court filings in Delaware show that Shenzhen-based Purplevine IP is backing two related intellectual property suits brought against a subsidiary of Samsung Electronics. The suits allege that JBL Bluetooth earbuds infringe on several voice detection and noise reduction innovations, as does an in-car sound system.

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