Trending Now
Announcements Commercial Special Features

SPONSORED POST: ELEV8 ANNOUNCES LITIGATION FINANCE CONFERENCE TO BE HELD IN NYC

ELEV8: Litigation Finance conference unveils the latest investment opportunities and trends in the exploding litigation market that has grown by over 400% in the last 5 years. For investors, litigation finance presents a vehicle to deploy capital uncorrelated to equity or debt markets, with the opportunity to realize significant returns. The conference connects investors, law firms, plaintiff, thought leaders and regulatory agencies in order to facilitate actionable dialogue and foster a robust entrepreneurial ecosystem. In support of that mission, we sponsor an ongoing effort to share information and build confidence in deal making to accelerate the growth of litigation finance.

We’re announcing the program on February 15th, and in advance of that release we’re reaching out to key organizations that would benefit from participating in the program and supporting the growth of the industry.

Hear from authoritative speakers and experts on litigation finance. Close deals, network, and learn about this exploding industry and the current state of litigation financing opportunities over the next 12 months.

Participants include decision-makers with the following roles and titles: Private Equity Investors, Hedge Fund Investors. Corporate C-Suite Executives. General Counsel, Chief Litigation Counsel, Intellectual Property Executives, Strategic Advisors, Inventors, Analysts and Media, Technology Transfer Executives, Law Firm Litigators & Attorneys, Bankruptcy Attorneys, Arbitrators and Mediators, Insurance Executives, Litigation Finance Investors and organizations interested in understanding the rapidly growing litigation finance market.

To contact our team and learn more please click here.

Dene Coria
Executive Assistant at Elev8

Announcements

View All
Announcements Commercial People Moves

Exton Advisors Appoints Senior Finance Professional Timothy Mayer

By Harry Moran |

Leading global advisors in disputes finance, Exton Advisors, today announces the appointment of experienced funder and lawyer Timothy Mayer to its team, marking the start of an exciting year for the firm.

Called to the Bar in 1997, Timothy has over sixteen years’ experience in the disputes funding market, having spent time at some of the leading global dispute’s funders. He has managed multi-million investments across a broad range of disputes, with particular focus on international arbitration, and has been consistently recognised in the directories, including as a Global Leader in Legal Finance in the Law Dragon Global 100 guide (2020 – 2023) and Chambers and Partners Litigation Support Guide for Litigation Funding (2020 -2024).

Commenting on the appointment, Managing Director John Astill said, “We are delighted to welcome Timothy, and to grow our team in 2025. Timothy brings with him a unique combination of practical legal experience and disputes finance expertise that will be invaluable to our clients and will further strengthen the seamless and efficient approach to disputes finance that Exton Advisors offers.”

Timothy commented, “I am thrilled to join Exton Advisors at an exciting time for the business, and I look forward to the opportunity to be part of a truly unique service spanning the legal and funding spheres. No other disputes funding advisory exists quite like Exton Advisors, and I am keen to continue developing their distinctive approach to disputes financing.”

Exton Advisors deliver expertise in every aspect of the unique and complex disputes financing asset class. They advise corporate legal teams, their private practitioners and their funding partners in order to make the most of litigation assets.

About Exton Advisors

Exton Advisors deliver expertise in every aspect of the unique and complex litigation financing asset class. They advise corporate legal teams, their private practitioners and their funding partners in order to make the most of litigation assets.

Announcements Consumer

Tribeca Lawsuit Loans To Provide Legal Funding To Transferred FCI Dublin Prisoners

By John Freund |

Two lawyers, Susan Beaty and Kara Janssen, have been actively advocating for the women of FCI Dublin and have uncovered alarming reports of sexual harassment and assault. The incarcerated women have since been relocated to various federal prisons across the country, including a facility in Aliceville, Alabama.

Tribeca Lawsuit Loans provides pre-settlement funding to empower the FCI Dublin victims to pursue justice during this difficult time.

Abuse Persists After FCI Dublin's Closure

Earlier this year, the FCI Dublin was shut down due to the pervasive sex abuse scandal involving prison staff. As a result, the women incarcerated were relocated to different federal prisons nationwide, including Aliceville in Alabama. Instead of finding relief and rehabilitation, more reports of abuse and retaliation have emerged for speaking out against the past misconduct that occurred in Dublin.

According to Beaty and Janssen, multiple women relocated to FCI Aliceville experienced harassment because of their affiliation with the Dublin scandal. Additionally, several women came out claiming that they were sexually assaulted by the guards at Aliceville.

These series of abuses and their nature deeply ingrained within the system highlights the flaws within the Bureau of Prisons (BOP). Although the BOP has conducted investigations and mass interviews, this did little to give security and restore trust among incarcerated women. Reports of poor confinement conditions and lack of access to mental health services only make it harder for these women to deal with the trauma.

Tribeca's Commitment to Human Rights

Tribeca Lawsuit Loans is deeply committed to respect for human rights, including the right to safety and dignity even in correctional facilities. Understanding the need for justice in these circumstances, Tribeca introduces its initiatives to provide lawsuit loans for the victims of abuse at FCI Dublin and other federal prisons.

Legal battles against large institutions like the BOP can be a huge undertaking and could require significant resources. Most of the victims and their families don't have the financial means to pursue their cases, especially in instances of mistreatment and abuse.

Tribeca Lawsuit Loans aims to empower the victims by aiding them financially to secure skilled legal representation and cover necessary expenses without upfront costs.

Tribeca Lawsuit Loans to Provide Legal Funding for Prison Abuse Victims

Tribeca Lawsuit Loans extends financial assistance to prisoners at FCI Aliceville and other related facilities through lawsuit cash advances, also known as pre-settlement loans, based on the class action lawsuit filed against the Bureau of Prisons. This legal action addresses the allegations of misconduct and abuse within federal prisons, emphasizing cases of sexual abuse involving prison staff.

Tribeca's dedication extends beyond financial support. It is a catalyst for systemic change within the federal prison. By collaborating with victims, lawyers and advocacy groups, Tribeca hopes to bring these injustices to the forefront and hold the responsible parties accountable.

If you or someone close to you require financial support in the middle of an ongoing case, don't hesitate to reach out. Call us now at (866) 388-2288 or apply online via our secure online form.

ABOUT US: TRIBECA Capital Group is a litigation finance company funding those across the nation involved in lawsuits, and need an upper hand financially to level the playing field.

Announcements Case Developments Commercial

Australian Google Ad Tech Class Action Commenced on Behalf of Publishers

By Harry Moran |

A class action was filed on 16 December 2024 on behalf of QNews Pty Ltd and Sydney Times Media Pty Ltd against Google LLC, Google Pte Ltd and Google Australia Pty Ltd (Google). 

The class action has been commenced to recover compensation for Australian-domiciled website and app publishers who have suffered financial losses as a result of Google’s misuse of market power in the advertising technology sector. The alleged loss is that publishers would have had significantly higher revenues from selling advertising space, and would have kept greater profits, if not for Google’s misuse of market power. 

The class action is being prosecuted by Piper Alderman with funding from Woodsford, which means affected publishers will not pay costs to participate in this class action, nor will they have any financial risk in relation to Google’s costs. 

Anyone, or any business, who has owned a website or app and sold advertising space using Google’s ad tech tools can join the action as a group member by registering their details at www.googleadtechaction.com.au. Participation in the action as a group member will be confidential so Google will not become aware of the identity of group members. 

The class action is on behalf of all publishers who had websites or apps and sold advertising space using Google’s platforms targeted at Australian consumers, including: 

  1. Google Ad Manager (GAM);
  2. Doubleclick for Publishers (DFP);
  3. Google Ad Exchange (AdX); and
  4. Google AdSense or AdMob. 

for the period 16 December 2018 to 16 December 2024. 

Google’s conduct 

Google’s conduct in the ad tech market is under scrutiny in various jurisdictions around the world. In June 2021, the French competition authority concluded that Google had abused its dominant position in the ad tech market. Google did not contest the decision, accepted a fine of €220m and agreed to change its conduct. The UK Competition and Markets Authority, the European Commission, the US Department of Justice and the Canadian Competition Bureau have also commenced investigations into, or legal proceedings regarding, Google’s conduct in ad tech. There are also class actions being prosecuted against Google for its practices in the ad tech market in the UK, EU and Canada. 

In Australia, Google’s substantial market power and conduct has been the subject of regulatory investigation and scrutiny by the Australian Competition and Consumer Commission (ACCC) which released its report in August 2021. The ACCC found that “Google is the largest supplier of ad tech services across the entire ad tech supply chain: no other provider has the scale or reach across the ad tech supply chain that Google does.” It concluded that “Google’s vertical integration and dominance across the ad tech supply chain, and in related services, have allowed it to engage in leveraging and self-preferencing conduct, which has likely interfered with the competitive process". 

Quotes 

Greg Whyte, a partner at Piper Alderman, said: 

“This class action is of major importance to publishers, who have suffered as a result of Google’s practices in the ad tech monopoly that it has secured. As is the case in several other 2. jurisdictions around the world, Google will be required to respond to and defend its monopolistic practices which significantly affect competition in the Australian publishing market”. 

Charlie Morris, Chief Investment Officer at Woodsford said: “This class action follows numerous other class actions against Google in other jurisdictions regarding its infringement of competition laws in relation to AdTech. This action aims to hold Google to account for its misuse of market power and compensate website and app publishers for the consequences of Google’s misconduct. Working closely with economists, we have determined that Australian website and app publishers have been earning significantly less revenue and profits from advertising than they should have. We aim to right this wrong.” 

Class Action representation 

The team prosecuting the ad tech class action comprises: 

  • Law firm: Piper Alderman
  • Funder: Woodsford
  • Counsel team: Nicholas de Young KC, Simon Snow and Nicholas Walter