RPX Corporation Names Jon Knight EVP, Business Development

By John Freund |

SAN FRANCISCOMay 21, 2019 /PRNewswire/ — RPX Corporation, the leading provider of patent risk management solutions, today announced that Jon Knight has joined RPX as Executive Vice President, Business Development, effective May 13, 2019.

In this role, Mr. Knight is responsible for engaging with businesses of all sizes around the world to understand their patent challenges and inform them of the range of solutions RPX provides to its members to address those challenges.

Mr. Knight brings two decades of experience at International Business Machines Corporation (IBM) to RPX. Most recently, he served as General Manager, Client Financing for IBM Global Financing (IGF), where he was responsible for IGF’s end-user financing business. IBM Global Financing is the world’s largest IT captive financier with clients in over 60 countries and more than 20 industries. He also served as Vice President for Intellectual Property, responsible for the licensing, sales, enforcement, and joint development of IBM’s worldwide intellectual property portfolio.

“The effectiveness and strength of RPX lies in the breadth and depth of expertise members can access on our platform and the IP professionals who work tirelessly to solve members’ patent challenges,” said RPX CEO Dan McCurdy. “As the RPX membership network grows, so does the scale and efficiency of our defensive patent acquisition efforts and related solutions. Jon’s experience makes him remarkably well-suited to help drive that growth. I am excited to welcome Jon to the RPX team and look forward to working with him to bolster what makes us the market leader—the power of the collective.”

“RPX’s innovative solutions provide companies with actionable, and unrivaled, ways to manage their patent-related risks,” said Mr. Knight. “By bringing companies together to solve their shared challenges, RPX creates efficiencies both for its members and the market overall. The value it creates for its members grows stronger with each new member. I am excited to lead the charge to bring more companies into this leading-edge network.”

Before joining IBM, Mr. Knight was a Vice President at Merrill Lynch covering financial institutions and has more than 15 years of experience in the financial services industry. Mr. Knight has an MBA in Finance and an MS in Taxation from Fordham University’sGraduate School of Business Administration, and he holds a BA in Economics and Psychology from the College of the Holy Cross. A competitive triathlete, Mr. Knight lives in California with his wife and two daughters.

ABOUT RPX 

RPX Corporation is the leading provider of patent risk solutions, offering defensive buying, acquisition syndication, patent intelligence, insurance services and advisory services. Since its founding in 2008, RPX has introduced efficiency to the patent market by providing a rational alternative to litigation. The San Francisco-based company’s pioneering approach combines principal capital, deep patent expertise, and client contributions to generate enhanced patent buying power. By acquiring patents and patent rights, RPX helps to mitigate and manage patent risk for its growing client network.

As of March 31, 2019, RPX had invested over $2.5 billion to acquire more than 46,000 U.S. and international patent assets and rights on behalf of approximately 320 clients in eight key sectors: automotive, consumer electronics and PCs, E-commerce and software, financial services, media content and distribution, mobile communications and devices, networking, and semiconductors.

Announcements

View All

Audley Capital Appoints Rick Gregory to Executive Board

By Harry Moran |

In a post on LinkedIn, Audley Capital announced the appointment of Rick Gregory to its executive board. Gregory serves as a Director for Audley and is a legal funding specialist, “with over 28 years of experience in legal funding, law firms, insurance, and volume litigation.”

The announcement highlighted Gregory’s vast experience across the legal sector, saying that “his profound understanding of the market, regulatory landscape, and commercial requirements for all stakeholders has paved the way for the implementation of litigation funding across some of the largest volume schemes in the UK.”In addition to his work on the executive board Audley, Gregory is also the co-founder of Legal Intelligence, a legal tech company that provides a range of AI solutions to “drive efficiency, innovation, and scalability, empowering professionals to gain a competitive edge and achieve sustainable growth and client delight.”

Burford Capital Reports First Quarter 2024 Results

By Harry Moran |

Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces its first quarter 2024 results.

In addition, Burford has made available an accompanying first quarter 2024 results presentation on its website at http://investors.burfordcapital.com.

Christopher Bogart, Chief Executive Officer of Burford Capital, commented:

"Our first quarter showed our highest ever reported level of first quarter cash receipts, above-average realized gains, continued case conclusions with loss levels below historical experience and moderate new business activity broadly consistent with a typical first quarter. Total revenues reflected the variable timing of recognition we expect in our business; the underlying portfolio continued to show forward momentum with no material negative developments, while lower operating expenses reflected the absence of elevated variable costs."The full summary of the quarterly results can be read here.

Read More

Lex Ferenda Litigation Funding LLC Announces Promotion; New Appointment

By Harry Moran |

Lex Ferenda Litigation Funding LLC "LF2" is pleased to announce the following promotion and appointment: Andrew Kelley is now LF2's Deputy Chief Investment Officer; Andrew Bourhill joins LF2 as Associate Director, Investments. Kelley previously served as Managing Director, Underwriting and Risk. Bourhill, who was an intern at the company while completing his MBA at Columbia Business School, graduated this month and now joins on a full-time basis.

"LF2 has been working on its first investment fund, committing it to litigation assets around the US. It has always been our plan to increase our commitments to Andrew and Andrew, and we are pleased that the business is in a place that we are able to do that," said Chris Baildon, LF2's Chief Operating Officer.

PROMOTION

Kelley, who now serves as the Company's Deputy Chief Investment Officer, is a key part of the management team and works carefully with the co-founders and advisory board to understand risk and manage investments.

"I am excited to expand my role at LF2 and look forward to continuing to help our clients and their counsel successfully navigate the dispute resolution process without having to worry about how to pay for their representation," said Kelley. "As a former outside counsel and in-house lawyer, I understand the complex business and legal dynamics of successfully funding, prosecuting, and resolving disputes."

Prior to joining LF2 in early 2023, Kelley was Associate General Counsel and head of commercial litigation at Fortune 500 company, DaVita Inc.. He has also served as General Counsel to a private equity firm headquartered in Colorado and as outside counsel at two different international law firms in Colorado. Kelley received his J.D. from Harvard Law School and his B.A. from the University of Colorado, Boulder. He is actively licensed to practice law in Colorado.

APPOINTMENT

Bourhill joins as Associate Director, Investments, and will be primarily responsible for creating, developing, and maintaining business relationships with law firms and litigants to ensure that LF2's commercial activity continues to expand while its clients receive best-in-class service.

"I am looking forward to joining the LF2 team and applying my unique perspective in a dynamic industry with such high growth potential," said Bourhill. "As a former litigator and finance professional, I'm excited to enhance outcomes for both our clients and investors while being able to promote access to high quality legal representation."

Prior to obtaining his MBA, Bourhill was an associate attorney at a premier defense law firm in Manhattan specializing in commercial litigation. Bourhill received his J.D. from the Cardozo School of Law, and his B.A. from Emory University. He is actively licensed to practice law in New York.

"I am humbled to have Kelley and Bourhill take expanded roles at LF2 and believe that their increased fidelity with our clients and investors will make our business stronger," said Michael German, Chief Investment Officer at LF2. "We are continuing to expand in the litigation finance space and are excited about the future, particularly with Andrew and Andrew playing strategic roles within the business," German said.

ABOUT LEX FERENDA LITIGATION FUNDINGLF2 is a commercial litigation finance company anchored by institutional capital. LF2 is structured with the objective of meeting the highest standards in investment process management, quality control, risk management, and compliance. For further information about LF2, please visit: www.lf-2.com.

Read More