Brown Rudnick Announces 2023 Litigation Funding Conference
As the European funding market continues to grow, the demand for industry gatherings and exchanges of ideas between thought leaders is also on the rise, giving way to another industry…
As the European funding market continues to grow, the demand for industry gatherings and exchanges of ideas between thought leaders is also on the rise, giving way to another industry…
One of the biggest topics of discussion around litigation funding at present is the issue of transparency, and the extent to which the presence of third-party funding in cases should…
While the majority of lawsuits between corporates and national governments tend to see litigation funders working with the corporate party, there are examples of states seeking third-party funding to finance…
Class actions alleging anti-competitive behavior by corporations have become a frequent sight in the UK litigation space, with the Competition Appeal Tribunal as venue for these high-stakes showdowns between consumers…
The Volkswagen emissions scandal of 2015 stands out as one of the largest automobile industry scandals in history, and one of the most notable examples of a corporation facing repercussions…
A ground-breaking new legal claim (“UK Buy Box Claim”) alleges that Amazon has breached competition law and caused millions of UK customers to pay higher prices for products sold on Amazon.co.uk and the Amazon mobile app by obscuring better-value deals.
The High Court of Australia has today unanimously dismissed BHP’s attempt to block shareholders who are not resident in Australia from participating in a class action against the company.
Class actions that gain access to third-party funding have repeatedly demonstrated an ability to redress the balance of power in favour of individuals against large companies. A newly launched action…
In the current financial climate, and with many companies still struggling to recover from the effects of the pandemic, the risks of malpractice and wrongdoing by these insolvent companies’ directors…
Communities lost to damage caused by salt mines in Northern Brazil are celebrating after securing the right to sue petrochemical company Braskem in the Dutch courts.
The High Court in Wellington, New Zealand, has ruled that 153 home owners failed to prove that James Hardie construction materials were the cause of leaks and rot in their…
The way may soon be clear for “On-Sold” homeowners to access a cash payment from EQC without the stringent conditions previously in place.
As tech companies have grown in size and market power over the last two decades, many critics have accused these multinational corporates of abusing their near-monopolistic status. A new lawsuit…
The biggest challenge for a funder taking on an investment in a case is the need to balance potential financial returns against the risk of losing one’s investment. However, an…
Manolete Partners PLC on Friday said it has received a “rare adverse decision” on one of its larger cases from the UK High Court, forcing it to write down GBP2.3 million.
Class actions are often thought of as a method to address ongoing or recent grievances against a corporate or public entity, but they also have the potential to provide legal…
Patent infringement suits have been increasingly viewed as valuable prospects for litigation funders willing to foot the bill and go toe-to-toe with large corporates accused of infringement. However, a recent…
Litigation funding allows consumers to seek legal redress against companies when their consumer rights are infringed, and is also a valuable asset for small business owners who lack the financial…
While litigation funding is often used by companies to facilitate legal claims against one another, it also provides a tool for corporates to seek redress against state actors whose legislation…
The topic of disclosure in litigation where there is the presence of third-party funding has been a hot topic in several jurisdictions, with defendants strongly arguing that there needs to be an increased level of transparency when it comes to litigation funding.
The ability of consumers to hold major international corporations to account over their failings has been drastically strengthened by the presence of third-party funding options around the world. This was…
Simon Latham (Head of Competition at Augusta Ventures) was profiled by the Law Society discussing insurance-related concerns regarding Which? vs. Qualcomm. Specifically, Qualcomm’s approach of asking for a judge to…
The United Kingdom’s Serious Fraud Office’s (SFO) investigation of Timothy Schools has ended in a 14 year jail term. Mr. Schools is accused of defrauding investors to fund his exorbitant…
The following piece was contributed by Anne Freeman of Australian law firm, Piper Alderman.
Virgin Australia, which has been sued by investors who purchased unsecured notes in the airline based on statements in a 2019 prospectus for a capital raising, has been ordered to advise the lead applicant in the class action whether its has made a claim against its insurer for its costs and any liability in the class action, and whether its insurer has agreed to grant indemnity. It has also been ordered to produce copies of any insurance policies which might respond to the claims made in the class action[i].
One of the great benefits of third-party legal funding is the ability for small companies and even individuals to fight on a level playing field against the world’s largest corporations. This dynamic was made evident in a recent case, where a US inventor was able to achieve a $10 million award for patent infringement from Microsoft, after enlisting the support of a litigation funder.
In a landmark New Zealand case, 150,000 customers of ANZ and ASB banks will likely be represented in a class action against the two institutions, after the High Court approved…
London’s specialist competition court, the Competition Appeal Tribunal (CAT), decided in October 2021 that a class action should proceed on behalf of rail passengers who are allegedly being overcharged by the Southeastern and South Western rail franchises by not making ‘boundary fares’ sufficiently available. Southeastern and South Western could have taken last year’s decision as a prompt to do the right thing by their customers and offer compensation. Unfortunately, they sought to delay resolution of the case, and ultimately the payment of compensation, by pursuing an appeal.
The District Court in Amsterdam has delivered a significant decision in a ground-breaking ESG action brought against Airbus. The action is organised and funded by the ESG team at Woodsford.
A litigation funding giant has found itself in opposition to the Malaysian government, by funding a lawsuit by the heirs to the Sultanate of Sulu, in a claim valued at…
Czech-based funder LitFin has announced a bundled action against Google and Apple concerning their application store download purchase agreements. LitFin alleges that Google and Apple have abused their market dominance…