New York Court of Appeals Rejects Litigation Agreement Discovery
In what might be the first time in the history of New York State published law, a New York Appeals Court has rejected relevance associated with discoverability of litigation funding…
In what might be the first time in the history of New York State published law, a New York Appeals Court has rejected relevance associated with discoverability of litigation funding…
The iconic Sears department store (which filed Chapter 11 bankruptcy protection in 2018), now known as Sears Holding Corporation, filed a motion to authorize a $35M litigation funding agreement in…
The United Kingdom’s Global Legal Action Network (GLAN) has teamed up with Bindmans LLP to challenge potential misuse of the Pegasus software platform. Pegasus operates as a spyware surveillance utility…
A standing order has been issued by Delaware’s Chief Judge, the Honorable Colm F. Connolly, calling for all cases under his supervision that engage third party investment to submit specific…
The state of Delaware is home to some of the world’s largest corporate entities. New designs to litigation funding agreements are beginning to include provisions for the losing parties’ financial…
Two wheeler Hero MotoCorp is an Indian cycle manufacturer whose assets may be seized by India-based litigation funder LegalPay. LegalPay has invested an undisclosed amount in the Brain Logistics claim. …
Bench Walk Advisers is the latest funder to take on the card issuers for their alleged malfeasance, funding a class action lawsuit for anti-competitive behavior. Read More…
A $300B damage award is serving as an example of shock verdicts driving the notion of social inflation. Preserving the ecosystem of litigation finance from shock verdicts is a priority…
Canada’s Supreme Court (SCC) issued historic guidance for First Nation Indian tribes, ruling that the Beaver Lake Nation’s “pressing needs” may include not having adequate capital for litigation. SCC’s ruling…
A recent NZ court of appeal ruling found that the director of Mainzeal traded on his company, which was technically insolvent for nearly a decade—yet caused no material loss to…
Kove IO (KIO) is initiating a likely contentious patent infringement litigation against Amazon Web Services (AWS). KIO has sued AWS with a complaint that alleges abuse of patent infringement as…
An update to a story LitigationFinanceJournal.com recently reported on: The case in the United Kingdom involving Cadney and their former client Peak Hotels & Resorts Limited has a new decision…
The nature of litigation calls for achieving marginal gains in the courtroom that add up to victory. So, when Google and Apple both lost individual judgements for ‘unfair tactical advantages’…
This week in the United Kingdom, a case is being heard involving the ligation powerhouse Cadney, regarding their former client Peak Hotels & Resorts Limited. The case involves Peak’s insolvency…
Steinhoff International Holdings NV recently settled the European Union’s second largest securities fraud claim, finalizing three years of complex contentious negotiations. Steinhoff, a Dutch firm with headquarters in South Africa,…
After three years of diligent negotiations, a GBP 1.4 billion settlement went into effect against Steinhoff International Holdings NV. This represents the second-largest settlement against a European company in a…
Levitt Robinson, class action lawyers leading the cases against Priceline and Hog’s Breath, estimate that it will take over $8 million to continue the Priceline case. The case is now…
Augusta Ventures is funding a lead poisoning class action that may include more than 100,000 Zambians. London human rights attorneys at Leigh Day have collaborated with South African Mbuyisa Molee…
After a seven year investigation, the European General Court upheld a $2.7B fine for Google’s breach of antitrust laws, for providing Google Shopping preference over competitors. Now the Swedish price…
Guo Wengui, a notable Chinese billionaire with close connections to Republican advisor Steve Bannon, has filed for Chapter 11 bankruptcy protections. Recently, a court ordered Wengui to pay $134M in…
The UK Competition Appeal Tribunal (CAT) has certified a collective action against multiple maritime car carriers who operated an illegal cartel to manipulate car shipping prices. Certification clears the way for the class action filed by consumer rights champion Mark McLaren, who has instructed has instructed Scott+Scott UK LLP as solicitors on behalf of consumers and businesses who purchased or leased new cars or vans, to proceed to trial.
London’s specialist competition court, the Competition Appeal Tribunal, has today given the green light to a class action on behalf of millions of motorists and businesses, who bought or leased a new car between October 2006 and September 2015, to claim against 5 shipping companies that imported cars into Europe.
The Competition Appeals Tribunal recently ruled that requiring disclosure of after-the-event insurance premiums would amount to an unfair advantage. In this case, tech giant Google sought disclosure in the name…
In a completely unsurprising turn of events, financial supporters of Kyle Rittenhouse have been bickering over who gets the nearly $2 million raised for the shooter’s bail. These include corporate…
A former model sued Leon Black, the founder of Apollo Global Management, alleging sexual assault. According to a brief filed last Monday, Wigdor, the firm that represents ex-model Guzel Ganieva,…
Is Josh Harris, co-founder of Apollo Global Management, engaged in a plot to take down his former partner? Leon Black thinks so. He’s currently fighting a civil claim from his…
A London High Court recently ruled that a litigation funder had no material evidence to achieve a successful claim. Henceforth, the Court reduced a £3M+ litigation finance claim down to…
Nearly two years after 176 people died when Ukraine International Airlines Flight 752 was shot down, families of six victims have received a $107 million award in civil court. The…
Cupertino, California based Apple Inc. is facing a $2.3B litigation battle in the United Kingdom, as nearly 20 million iPhone and iPad users claim Apple abused application payment ethics rules….
The U.S. Attorney’s Office in New York’s Eastern District is set to review potential conflicts of interests in an advance fee agreement related to alleged agents of a foreign government. …