New report warns: Restrictions on legal finance would leave EU businesses and consumers more vulnerable
European businesses and consumers could be left without access to a vital financing tool providing access to justice, experts warn today.
European businesses and consumers could be left without access to a vital financing tool providing access to justice, experts warn today.
Critiques of third-party litigation funding tend to focus on two main issues: the perceived lack of transparency around funders’ involvement, and the potential for these funders to unduly influence the…
Manolete (AIM:MANO), the leading UK-listed insolvency litigation financing company, today announces its audited results for the year ended 31 March 2023.
Burford Capital, the leading global finance and asset management firm focused on law, today releases new independent research on how in-house lawyers are adjusting their strategies in a period of sustained uncertainty. Businesses are seeking to manage risks and costs, and in turn, legal departments—and the outside law firms that work with them—have the opportunity to position themselves as part of the solution, with legal finance expected to play a role.
Consumers who have been the victim of corporate negligence or fraudulent practices by large multinationals have always been at a disadvantage when it comes to seeking justice, overwhelmed by the…
Undertaking litigation poses many risks for small and medium-sized companies that are publicly traded, not only from the specific financial risk that comes from the costly litigation process, but also…
Litigation funding specialists Apex Litigation Finance have announced the appointment of two new Legal team members: Chris Thenabadu joining as Senior Case Underwriter, and Stephen Caldecott joining as a Case Underwriter.
Proposals for increased regulatory measures on litigation finance have become a more common sight in state legislatures across the United States, with such a bill being vetoed by the Louisiana…
Litigation funding has regularly been put forward as a powerful tool in the area of insolvency by providing the necessary capital to pursue litigation. However, a recent ruling from a…
On June 5, 2023, the United States Securities and Exchange Commission (SEC) sued the world’s largest cryptocurrency exchange, Binance, for allegedly misleading investors and regulators while operating an unregistered exchange….
Burford Capital Limited (“Burford” or “Burford Capital”), the leading global finance and asset management firm focused on law, today announces the planned private offering of $400 million aggregate principal amount of senior notes due 2031 (the “Notes”) by its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC, subject to market and other conditions. The Notes will be guaranteed on a senior unsecured basis by Burford Capital as well as Burford Capital Finance LLC and Burford Capital PLC, both indirect, wholly owned subsidiaries of Burford Capital (such guarantees, together with the Notes, the “Securities”).
As the litigation finance market continues to grow and mature, established funders are keen to set themselves apart from newer startup funders, with recognition by official regulators playing an important…
Wednesday, June 14th, LFJ hosted a panel of Legal Insurance experts who discussed pertinent issues regarding the intersection of litigation funding and legal insurance. The expert panel included: Stephen Kyriacou,…
LF Dealmakers has announced the agenda for its 6th Annual LF Dealmakers Forum, which promises to cover all the latest developments and trends affecting the litigation finance industry. The event,…
Litigation funding continues to see wider adoption by claimants in a variety of disputes, however, there are jurisdictions that have yet to fully embrace third-party funding. One such country is…
Discussions around disclosure of litigation finance are now becoming a weekly occurrence, spurred on by developments in cases and rulings from courts across the US. However, whilst most of these…
As LFJ reported recently, one of the unique and high-profile cases of litigation funding being used in a case against a national government has taken another turn, as a Paris…
Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three months ended March 31, 2023 (“1Q23”).1 Burford’s report on Form 6-K for 1Q23, including unaudited condensed consolidated financial statements (the “1Q23 Quarterly Report”), is available on the Burford Capital website at http://investors.burfordcapital.com.
The European Litigation Funding Association (ELFA) is very pleased to announce that Stonward, a litigation funder focusing on Spain and Latin America, has joined ELFA, as the association now builds towards becoming the collective voice of the European Litigation Funding Industry.
The battle between disclosure and confidentiality in patent infringement litigation rumbles on, as courts across the US are now seeing frequent requests for mandated disclosure of third-party funding details, spurred…
The UK’s collective actions regime under the Competition Appeal Tribunal (CAT) has been cited as a positive catalyst for litigation funders in the UK, bringing new opportunities to fund consumer-led…
“The emergence of legal insurance products has been a game changer in allowing both clients and law firms to lock in judgments, ring fence potentially deleterious outcomes, and provide for certainty where uncertainty used to be the rule.”
– Ross Weiner, Legal Director at Certum Group
For the last year, the conversation around patent litigation funding has been dominated by disputes over disclosure requirements, driven by the efforts by Delaware district judge Colm Connolly to increase…
As litigation funders continue to grow in a challenging economic environment, the importance of leadership and strategic vision for these businesses has never been more apparent. With the first half…
On Wednesday, June 7th, IMN hosted its 5th annual Financing, Structuring and Investing in Litigation Finance conference. LFJ attended the event and covered various panel discussions on topics ranging from key trends and developments, ESG initiatives and insurance products. Below are some key takeaways from the event.
Delta Capital Partners Management, a global private equity firm specializing in litigation and legal finance, is pleased to announce that Brian O’Mara has joined the company as its Chief Underwriting Officer. In this role, O’Mara will be responsible for overseeing underwriting and due diligence and managing Delta’s investment portfolios.
As LFJ has previously reported, the case brought against the Malaysian government by Filipino heirs of the Sulu sultanate has attracted much attention, having been cited as an example of…
As member states across the European Union each begin to implement their own legislation governing class actions under the Representative Actions Directive, speculation is increasingly focused on the impact these…
Litigation finance is no longer the niche and narrowly understood practice of previous decades, having become a common feature across consumer and commercial litigation. However, that does not mean that…
Are ESG initiatives and regulations creating more tension between companies and their suppliers? Are we seeing an uptick in disputes that are arising out of ESG initiative and regulations? What impacts and pressures are ESG matters having on companies, funders, attorneys and governments? These topics and more were covered on IMN’s panel discussion “ESG Initiatives: Challenges and Opportunities.”