Trending Now
Commercial
Commercial

News and analysis dedicated to the commercial litigation funding sector including regulatory issues, case developments, funding activities, and more.

Commercial

3092 Articles
Announcements Commercial

Validity Finance Strengthens Investment Team and Corporate Governance

By John Freund |
NEW YORK (January 29, 2019) – Litigation funder Validity Finance has made a notable addition to its growing investment team with the arrival of portfolio counsel William C. Marra in New York. The firm also announced a prominent addition to its governance structure, with Allen Fagin, formerly chair of Proskauer Rose LLP, joining Validity’s board of directors.  Finally, Validity has retained former New York federal Judge John Gleeson, a partner at Debevoise & Plimpton LLP in New York, as outside counsel to advise on investment opportunities.
Read More
Read More
Commercial

How Litigation Funding is Impacting the Broader Legal Market

By John Freund |
Ever since its arrival on the stage in the early 1990s in Australia, litigation funding has managed to impact the broader legal climate in which it participates (in early 90s Australis, that was the insolvency market, today in Australia, the UK and America, that is nearly every legal sector). Take class actions, for example. Litigation funding has been proven to increase the rate of settlements  in class actions by 21%. Professor Vince Morabito of Monash University compiled data leading up to July 2017, which showed that funded parties in class actions are 69% likely to settle, whereas unfunded parties are only 48% likely to settle.
Read More
Read More
Announcements Commercial

Woodsford Litigation Funding bolsters its presence in Asia with the appointment of former head of the Hong Kong office of Latham & Watkins to its Investment Advisory Panel (IAP)

By John Freund |
LONDON, SINGAPORE, HONG KONG, PHILADELPHIA 30 January 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced that Hong Kong based Simon Powell has joined its Investment Advisory Panel.
Read More
Read More
Announcements Commercial

Litigation Finance Pioneer Bentham IMF Breaks the Mold of Law and Finance, Completing Hires that Establish Gender Equality and Build on Specialized Expertise of Investment Management Team

By John Freund |
NEW YORK (January 29, 2019) – Leading commercial litigation funder Bentham IMF has hired Sidley Austin LLP partner, Dana MacGrath, and Kirkland & Ellis LLP partner, Sarah Tsou, as investment managers and legal counsel responsible for sourcing and evaluating arbitration and commercial litigation matters that meet Bentham’s investment criteria. The company has also hired Chief of Staff, Tina Young, from Deloitte Consulting LLP. This marks the second round of hiring at the company since it launched its most recent fund in November 2018.
Read More
Read More
Announcements Commercial

Woodsford Litigation Funding announces further expansion with a wave of senior executive appointments and new Hong Kong based addition to its Investment Advisory Panel (IAP)

By John Freund |
LONDON, PHILADELPHIA, HONG KONG 23 January 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced further expansion of its international executive team and IAP.
Read More
Read More
Announcements Commercial

IMF, Njord Law Firm and Quinn Emanuel propose shareholder action against Danske Bank over one of the world’s largest money-laundering scandals

By John Freund |
(LONDON, UNITED KINGDOM 22 January 2019): IMF Litigation Funding Services Limited (IMF LFS), a wholly owned subsidiary of IMF Bentham Limited (ASX:IMF) (IMF), one of the world’s largest and most respected litigation funders, announced today a proposed shareholder action for shareholders of Danske Bank A/S (CPSE:DANSKE) (Danske Bank), to be led by specialist Danish law firm NJORD Law Firm and leading global litigation law firm Quinn Emanuel.
Read More
Read More
Commercial

Hedge Funds Showing Increased Interest in Litigation Claims

By John Freund |
It’s no secret that over the last several years, Wall Street has been pouring money into the litigation space – whether indirectly by capitalizing litigation funders, or directly via their own investments into the space. However the recent revelation of Baupost Group’s $1 billion purchase of legal claims against utility company PG&E illustrates both the scope and scale of the hedge fund world’s interest in the legal sector.
Read More
Read More
Announcements Commercial

Litigation Capital Management Announces New Litigation Project

By John Freund |
Litigation Capital Management Limited (AIM:LIT) (LCM), a leading international provider of litigation financing solutions, today announces that it has entered into an agreement to provide litigation finance in relation to proceedings which are currently being undertaken in Australasia. These proceedings relate to a commercial dispute regarding the division of significant global assets, which are currently owned by a partnership.
Read More
Read More
Announcements Commercial

Sisvel And RPX Conclude Licensing Agreement For Wi-Fi Standard Essential Patents

By John Freund |
LUXEMBOURG and SAN FRANCISCO, Jan. 10, 2019 /PRNewswire/ — Sisvel International S.A. (“Sisvel”) and RPX Corporation (“RPX”) today announced that they have entered into a multi-faceted agreement that provides a license to a subset of RPX clients covering more than 500 patents that make up the Sisvel Wi-Fi Joint Licensing Program. The Sisvel Wi-Fi Joint Licensing program is a solution designed to license standard essential patents (SEPs) for Wi-Fi enabled devices under fair, reasonable, and non-discriminatory terms and conditions (FRAND). In addition to the assets in the Sisvel Wi-Fi Licensing Program, Sisvel has also licensed the subset of RPX members to approximately 200 non-essential Wi-Fi assets, owned by Sisvel’s subsidiary, Hera Wireless S.A.
Read More
Read More
Announcements Commercial

LexFinance Announces the Structuring and Funding of a US$ 5.7 Billion Arbitration Claim for the Benefit of Petrobras

By John Freund |
LIMA, Peru–(BUSINESS WIRE)–LexFinance today announced the filing of an arbitration claim by a minority shareholder of Petrobras. The claim has been filed by a minority shareholder of Petrobras against the Brazilian Government (União Federal) for the economic losses suffered by Petrobras due to the corruption practices disclosed in the Lava Jato investigation and caused by the abuse of power and mismanagement of the União Federal as controlling shareholder of Petrobras.
Read More
Read More
Commercial

Move Over Carnival: Litigation Funding in Brazil is Heating Up!

By John Freund |
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.
Read More
Read More
Announcements Commercial Consumer

The Litigation Finance 2017 Year-in-Review

By John Freund |
Evolution. Maturity. Growth spurt. Those are the terms one might use to describe Litigation Finance in 2017.  The industry saw a flurry of activity that would make any beehive jealous: Markets opened, funds raised, legal precedents established, and a host of new entrants already looking to disrupt the lit fin industry, which itself is in the midst of disrupting one of the oldest institutions on the planet. So let’s take a look back at how Litigation Finance ‘took off the training wheels,’ and properly came of age in 2017…
Read More
Read More
Commercial

Recent Developments in Litigation Finance (Part 2 of 2)

By John Freund |
By Mauritius Nagelmueller This article aims to provide an overview of the most significant recent developments in the litigation finance industry. Part 2 of this 2-part series discusses the rapid growth of litigation finance across the globe, as well as its multi-dimensional expansion into diverse markets. If you’d like to reference Part 1 of this series, you can find it here.
Read More
Read More