Computer system and computer-implemented method for matching an affected party with sponsors for the purpose of prosecution of legal actions

Abstract

A computer-implemented method comprises:Providing opportunity data about a planned legal action from an affected party to a computer, wherein opportunity data is defined by prosecution resources needed to prosecute the planned legal action, a best possible result in case of success of prosecution and an ask participation quote,Obtaining a plurality of sponsor data items each including a participation offer in a bookbuilding process wherein the participation offers each include a bid participation quote and an amount of sponsoring resources;Selecting one or more participation offers from the obtained participation offers depending on the ask participation quote, the prosecution resources, as well as on the bid participation quotes and the sponsoring resources of each of the plurality of the sponsor data items; andAutomatically matching the sponsor data items associated with the selected one or more participation offers with the opportunity data.

Description

TECHNICAL FIELD[0001]The present invention is related to computer-implemented methods for finding cooperation opportunities between parties by processing data to balance interests in an automated manner. Particularly, the present invention relates to a matching method between opportunity data provided by opportunity providers who are willing to share and to prosecute an opportunity and sponsor data provided by parties who are willing to participate on the opportunity defined by the opportunity data by providing resources contributing to the opportunity. Particularly, the present invention relates to a computer-implemented method for matching an affected party having a legal action case on hand with a sponsoring party willing to spend resources for supporting the prosecution of the planned legal action and having the chance to participate in a successful outcome of the planned legal action.TECHNICAL BACKGROUND[0002]Cooperation of entities is crucial for a successful endeavor, enterpr...

AI Technical Summary

Benefits of technology

The patent describes a method for negotiating a legal action between parties using an interactive computer platform. The method allows for the anonymous matching of opportunity data (the party's need for resources) with sponsor data (the party's ability to provide resources). This approach ensures that the distribution of resources among the parties is determined by their respective portions of the legal action, rather than by other sponsors. The computer system used for this matching process automatically considers a variety of sponsor data items, even if they are collected anonymously. The method improves the efficiency and speed of negotiating legal actions by allowing multiple sponsor data items to be matched with opportunity data.

Problems solved by technology

Often, opportunities show up which cannot be seized due to the lack of resources so that cooperation of entities is required to lead the opportunity to success.

Matching the appropriate cooperating entities, however, is a difficult and time-consuming task in real life.

Matching the affected party with the sponsoring parties is usually complicated, time-consuming, non-transparent, and often depending on random parameters.

There often exists a target conflict on the participation quote by which the sponsoring party shall participate on a successful outcome of the planned legal action.

On the other hand, the sponsoring party is often only willing to invest resources if a minimum participation quote of a successful result will be guaranteed.

However, support is expected without commercial or financial interest so that no participation in a successful outcome is offered.

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