alt Hacker NewsThe "random people" are exposed to countersuits/liability in the event of a loss.
https://news.bloomberglaw.com/ip-law/judges-litigation-fundi...
> Connolly ultimately concluded that the arrangements were unfair to the LLC owners and that Pugal, Bui, and Hall should’ve had independent counsel advising them. He wrote that IP Edge structured the LLCs so that it received the lion’s share of the litigation benefits while the the on-paper owners “assume all the risk” from the lawsuits, including attorneys’ fees awards or court-imposed sanctions.
The part i don't understand - is it them personally that have the risk or the LLC? I thought the point of forming an LLC was to prevent personal luability, in which case this doesn't sound that risky from the perspective of the patent owner.