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by victorf 4648 days ago
No it won't. There's a reason patent trolls all use shell companies and it's because they can be totally financially independent. Declaring insolvency of one such company is nothing to the patent troll.
3 comments

That is why the Transparency and the Joinder clauses briefly described in the original article are important steps forward.

> Transparency: The draft includes strong language requiring patent trolls to reveal the parties that would actually benefit from the litigation (called the real party in interest).

> Joinder: If the plaintiff is a shell-company patent troll, the defendant could require the real party in interest to join the litigation. Even better, a prevailing defendant could collect attorney’s fees from the real party in interest if the patent troll can’t or won’t pay.

You could almost certainly find a away to pierce the corporate veil in this case so that's not really a concern.
This could be dealt with by requiring the plaintiff to post a bond on an ongoing basis.