Funding Industry Faces Challenges Ahead
With the two high-profile examples of Lionfish and Novitas Loans having recently made headlines for their struggles, industry analysts and leaders are offering a cautionary perspective on those who see…
With the two high-profile examples of Lionfish and Novitas Loans having recently made headlines for their struggles, industry analysts and leaders are offering a cautionary perspective on those who see…
Litigation funders and law firms have produced powerful partnerships by combining the legal resources and capital needed to provide access to justice for many plaintiffs. However, despite this often mutually…
In recent years, we have experienced the relaxation of rules governing ownership of law firms in a small number of states, beginning with Utah in 2020 and Arizona in 2021….
LegalPay, India’s largest legal financier, has announced the exit of its commercial litigation financing SPV (Special Purpose Vehicle), delivering 27% IRR over a tenure of less than 2 years. LegalPay currently manages INR 2,500 crores in claims under management and looks to add additional INR 5,000 crores in calendar year 2023.
A new request for funding by an Irish law firm seeks financing for commercial proceedings in the London High Court on behalf of a private company and two of its directors. The claim is being brought against an unnamed European Union state authority in relation to the alleged breach of a non-disclosure agreement which then led to the alleged theft of the plaintiff’s intellectual property.
Winshear Gold Corp. (TSXV: WINS) (‘Winshear’, the ‘Company’, or the ‘Claimant’), formerly Helio Resource Corp., provides the following update on the dispute with the United Republic of Tanzania (“Tanzania”) which is the subject of arbitration through the International Centre for Settlement of Investments Disputes (“ICSID”), a member of the World Bank.
The legal sector is undergoing a period of dynamic change, with litigation practices experiencing high demand for their services, despite the strain placed on firms’ budgets amid global economic instability….
Many industries are struggling under the current economic climate. However, new data released shows that the UK’s legal sector ended 2022 in a strong position, with sector-wide revenues continuing to…
As class action activity continues to increase in jurisdictions across the globe, investor-led claims are becoming an increasingly frequent occurrence and funders are standing ready to provide the needed capital….