Patent Monetization Services
Patent Monetization - Litigation Funding
If you are David about to face Goliath in a patent litigation suit you need financing from knowledgeable investors who can add value to level the playing field. BOCA can obtain investment on behalf of its clients either through funds advised by BOCA or through its many contacts with investors who specialize and understand the inherent risks associated with patent litigation funding. In addition to the funding, BOCA provides the patent litigation management services which value adds for both the investor and the patent owner.
Patent Monetization - Licensing
In today’s licensing world monetizing patents through a licensing program directed at companies who you believe to be already infringing on your patents (i.e. stick licensing) requires you to file litigation first and then discuss licensing to avoid the possibility of declaratory judgment action by the infringer. If you are a small cap company or an inventor you will require at least a funding commitment from knowledgeable investors who can add value to your licensing efforts before embarking on this strategy. BOCA can obtain the funding commitment, find the appropriate litigation counsel and manage the licensing program for you. BOCA also has a network of trusted associates who can assist with licensing efforts where you are trying to license technology, patents and know-how that is early stage (i.e. carrot licensing)
Patent Monetization - Sale
Understanding that there are other ways to monetize patents outside of litigation and licensing, BOCA co-founded Patent Monetization Inc. with Loudon Owen Chairman of i4i. Patent Monetization Inc. is a full service international patent brokerage firm working primarily with clients who are looking to monetize core or non-core patent and IP assets in the Cleantech and technology sectors. Patent Monetization Inc.
Patent Advisory Services
Patent Litigation Management
Through the various funds advised by BOCA, BOCA has now managed several US patent litigations. If you are contemplating filing suit as a plaintiff or defendant especially a first time plaintiff or defendant you could realize significant value from retaining BOCA as your advisor to manage the litigation process, from a strategic business perspective, and to co-ordinate the activities of your patent attorneys and your management team. Most companies in this situation have neither the management time nor the patent expertise to perform this role internally and usually defer all decisions to their patent attorneys. While patent attorneys manage the legal aspects of the case they seldom have the business experience to complement their legal abilities. If no one with this experience is between you and your attorneys strategic business decisions often get made by litigation counsel without the understanding of the implications of these decisions by the patent owner. BOCA has experience managing patent litigation through to trial and can perform activities such as finding appropriate patent counsel, negotiating engagement letters on your behalf (which could save you a significant amount of money since we understand the process and where the expenses can get out of control), conducting weekly status review meetings with attorneys, managing their requests for information within your organization, assisting in making key strategic business decisions during the litigation process, participating in settlement discussions and conducting detailed reviews of the billings to better manage litigation costs. To better appreciate how we could help you strategically manage the litigation process feel free to review the court documents in the i4i case http://www.i4ilp.com/papers.php then ask yourself whether there should be someone between you and your patent attorney strategically managing the process on your behalf.
Strategic Advisory Services - Litigation Due Diligence
If you are contemplating a patent litigation action you require a comprehensive litigation due diligence package to assist potential investors or litigation counsel (especially contingent or partial contingent counsel) to take a serious look at the case. BOCA knows what is required to go into this due diligence package and with its trusted associates it can develop this due diligence package for you.
Strategic Advisory Services - Board Advisory
BOCA can also provide the services of its founder Michael J. Cannata as a board member or the services of BOCA as a strategic advisor for companies that would like to develop a core competitive advantage around their patent portfolio.