Writing for Vannin’s Funding in Focus series, Carolina Ramirez, Managing Director in Vannin’s newly-formed New York office, describes the litigation funding climate in South America’s largest and most populous nation. Ramirez highlights both the perceptions and practical applications of litigation finance in Brazil, as well as the regulatory climate and challenges facing industry growth in the region.
In this episode, we spoke with Philip Evangelou about the work/life balance differences between litigation funders and litigators, what he looks for when diligencing prospective investments, how Augusta is uniquely structured for growth in both the SME and large-claim markets, and why overall litigation in the UK is likely to surge post-Brexit. Hope you enjoy the podcast and happy listening!
In this week’s episode, we speak with Maurice Power about Ferguson Litigation Funding’s roots as an insolvency-based law firm, what the market is like for small to mid-size Commercial & Consumer claims in the UK, how he approaches educating lawyers and trustees about the benefits of litigation finance, and what life will be like after Brexit (assuming there is a Brexit). Hope you enjoy listening!
Kazakhstan Kagazy is one of the Central Asian country’s only paper recycling and cardboard production companies. When Tomas Mateos Werner became its majority shareholder in 2009, the firm was in severe distress: it owed $110M to creditors, and according to Werner was “hollowed out by frauds.” But thanks to Litigation Finance firm Harbour Litigation Funding, Werner has been able to bring a case against the firm’s former CEO that would otherwise have proven too costly to pursue. The lengthy, expensive trial could lead to a payout of close to $260M; a real boon for Kazakhstan Kagazy, whose assets total $40M.
For the past 15 years, Brazil has suffered one of the world’s most chronic and severe backlogs of pending patents. Now, the Brazilian Patent and Trademark Office (PTO), is looking to reduce that backlog in one fell swoop: by granting patent rights until 2020 to 231,000 pending applications with no examination.
