The plan was to break a handful of world records in one plummet.
Red Bull’s stunt involved ballooning an Austrian in a special pressurized suit to the edge of space and then dropping him in a miles-long freefall before he pops his parachute and floats to safety in New Mexico.
The glory: highest, longest, fastest freefall and highest manned balloon trip.
The risks: the usual crashing to Earth and oxygen in the bloodstream issues coupled with new challenges like disintegration caused by shockwaves while breaching the speed of sound and the blender effect produced by uncontrolled spinning.
In the end, the planned stunt ran into problems, not because of the dangers..
Another man claims the idea was his and the he pitched it to Red Bull years earlier. The matter is tied up in a lawsuit in the California state courts, according to the Wall  Street Journal.
Parachuting from the edge of space?
I’m not sure the term “intellectual property” applies here. 
For more on the matter:
— WSJ article … here  
— Outside Magazine’s article The Supersonic Man …  here  
— Official Red Bull Stratos site (which doesn’t mention the latest development) … here