News and analysis dedicated to the commercial litigation funding sector including regulatory issues, case developments, funding activities, and more.
Commercial
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Jade Road Investments Limited: Investment in Heirloom Litigation Finance
Jade Road Investments Limited (AIM: JADE), the London quoted company focused on seeking the best risk-adjusted returns globally, announces a new investment of $250,000 into Heirloom Litigation Funding 2022 SPV XI (“Heirloom Litigation Finance”). The investment was made in support of JADE’s updated Investment Policy to invest in attractive, uncorrelated, risk adjusted return opportunities.
Member Spotlight: Aon’s Litigation Risk Group
Aon is a global insurance brokerage and professional services firm with approximately 50,000 employees across 120 countries that offers a wide array of risk mitigation products and structured solutions. Aon’s Litigation Risk Group focuses on de-risking adverse outcomes in active and potential future litigation for corporate, private equity, hedge fund, law firm, and litigation finance clients through the use of insurance.
An LFJ Conversation with Jamie Allen, Co-Founder & CFO, Allen & Calabro
Jamie is a Naval Academy graduate with a Johns Hopkins’ Masters in Finance. He served on a ground combat tour in Iraq, on hazardous duty in the Arabian Gulf and at the Pentagon managing an $800 million tech fund before entering the civilian sector as the CFO of a multi-million-dollar startup. He later became the COO of a 1,000-employee company owned by a NYSE listed entity. Allen then transitioned to the litigation finance sector in 2021 with the founding of Allen & Calabro.
Montauk Metals Secures Litigation Funding Against the Republic of Colombia
Montauk Metals Inc. (TSX-V: MTK) (the “Company” or “Montauk”) is pleased to announce that it has secured litigation funding for its arbitration proceedings (the “Arbitration”) brought by the Company against the Republic of Colombia (“Colombia”) to enforce the Company’s rights to compensation under the Canada-Colombia Free Trade Agreement (the “FTA”), as previously described in its news releases of March 27, 2018, February 25, 2019, February 10, 2020, November 23, 2021, September 1, 2023 and October 5, 2023, and subject to certain conditions and approvals as noted below.
An LFJ Conversation with Byron Sumner, CEO and Co-founder, Ignite
Byron Sumner is the CEO and Co-founder of Ignite, a specialist litigation insurer built on its founding members’ significant litigation and reinsurance expertise. Ignite offers large capacity limits on ‘A’ rated paper across various case types, along with an extensive product suite tailored to each stakeholder’s unique needs. Their solutions range from straightforward contract disputes up to multi-billion pound international arbitrations.
Member Spotlight: Blake Trueblood
Apex Litigation Finance secures £20m funding agreement with Crestline Investors Inc
Just over four years since its launch, Apex Litigation Finance, a UK-based company providing litigation funding solutions, is thrilled to report that they have secured £20million funding from Crestline Investors Inc, an established provider of alternative investment solutions to support its growth and provide access to justice to more UK Claimants.
Burford Capital, PLI Press Publish Comprehensive Reference on Commercial Legal Finance
Global legal finance company Burford Capital announces the release of a new book providing an indispensable overview of the industry and practical introductions to the use of commercial litigation and arbitration finance in key jurisdictions worldwide.
Litica Broadens Global Reach with New Cologne Office in European Expansion
Litica, the leading ATE and litigation insurance provider, recently announced at the Annual International Litigation Finance Forum its expansion into Europe, with a new office in Cologne (Köln) Germany. Other offices include London UK and Sydney Australia, with further expansion in the coming months.
Omni Bridgeway More Than Doubles the Size of its London Investment Team
Omni Bridgeway is pleased to announce a substantial expansion of its operations in the UK with the addition of six individuals in London, bringing the total team to 11. All the new hires have significant experience in legal finance.
