Not to open a fruitless discussion just for information....
...In other words, "loser pays" systems generally favor the "big guys"...
Sure you have heard from litigation financing. To my laymen knowledge some kind of this is organised in the U.S. by the American Legal Finance Association.
May be the BOD of PTSC and the "team" PTSC/TPL would not have anxiously (?) folded, but would have gone to the end.
Yes still it would have asked real leadership competence and not only "administrative" reporting of a project or company.
Anyway it is IMO, an it works in good old Europe.
Btw. i find the Dominion Harbour IP Bank interesting.