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Case Developments

Stay on top of updates and developments around key cases across various global jurisdictions.

Case Developments

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LitFin Funded Case to Recover Khatib Family’s Stolen Art Leads to Raids in Paris and Frankfurt

By John Freund |

Many examples of funded litigation involve high profile companies or sovereign states, with alleged scandals and injustices that can quickly dominate headlines. However, an ongoing European legal action may stand out above the rest, with a story so eventful that it sounds as if it could have been lifted from a Hollywood script, as a litigation funder is supporting a family’s efforts to recover stolen paintings worth hundreds of millions of euros.

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The $16 billion award handed down in the YPF lawsuit stands out as one of the key moments in litigation finance for 2023, with Burford Capital looking to achieve a…

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