
Victims of Brazil’s ‘sinking city’ to have case heard in the Netherlands
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.
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…
In a high-profile dispute between litigant and litigation funder, a mining investor who successfully sued the Egyptian government has refused to compensate Buttonwood Legal Capital after claiming the funding agreement…
Investment in litigation finance does not come without risks, however, few investors would expect to see these funds taken for personal and criminal gain by the lawyers they were meant…
The market-leader for litigation finance in India, LegalPay, is continuing to trail blaze with its latest funding for Just Deliveries to pursue claims against Coffee by Di Bella India. The…
Johnson and Johnson (J&J) has engaged a restructuring vehicle to leverage bankruptcy protection for its talcum claim awards. The ‘Texas Two Step’ is a legal investment strategy that limits overall…
Tech goliaths Apple and Google are under the spotlight in Australia, as they face a twin class action suit alleging that they breached consumer law by using their dominant market…
It is being alleged that Corrugated Cardboard products have been organized under a “cartel structure” in Italy over a 13-year period. Two contract structures have been identified as being designed…
The ECU Group Plc recently lost a claim against HSBC Bank, alleging that HSBC was culpable for front running and manipulation of international markets. In a decision that has implications…
The Australian office of Omni Bridgeway has organized funding vehicles for land owners impacted by WestConnex roadway construction in Sydney. Read More…
An Australian Federal Court has ruled that litigation finance agreements do not fall under rules regulating managed investment schemes under the Corporations Act of 2001. Many litigation finance scholars are…