
The European Litigation Funding Association (ELFA) Adds Litigium Capital
The European Litigation Funding Association (ELFA) is delighted to announce that Litigium Capital has become the latest member to join the organisation.
The European Litigation Funding Association (ELFA) is delighted to announce that Litigium Capital has become the latest member to join the organisation.
Despite the ongoing discussions around the fate of litigation funding for class action claims in the UK, we are still seeing positive outcomes in ongoing claims before the Competition Appeal…
Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends impacting the business of law.
Recent years have demonstrated that issues around climate change and environmental protection are becoming a more central part of decision-making for governments and businesses alike. However, for those individuals and…
The Supreme Court’s PACCAR decision has provoked a wide range of reaction and analyses from across the legal sectors, with most funders stating that they either have solutions in place,…
Group actions remain powerful tools for small businesses to seek justice and financial compensation when they feel that they have been wronged. The start of a trial in the English…
The following is a contributed article from Ana Carolina Salomão, Micaela Ossio Maguiña and Sarah Voulaz of Pogust Goodhead.
On 26 September 2023, a new case was filed in the High Court of England and Wales on behalf of a claimant who, despite having received damages from a successful lawsuit, refused to pay litigation funders for funding previously sought. Legal representatives of the Claimants in this case are seeking a declaration from the Court that the clients’ LFAs “fall under the PACCAR regime as non-compliant DBAs” and have added that in reaching its decision in R (on the application of PACCAR Inc & Ors) v Competition Appeal Tribunal & Ors [2023] UKSC 28 (“PACCAR”), the Supreme Court has recognised “the importance of statutory protections for clients.” Is this the case?
Legal-Bay LLC, The Lawsuit Settlement Funding Company, a leader in lawsuit funding services and legal funding with the fastest approval process in the industry, announced today that they have launched a new site for commercial litigation case funding and will be focusing on funding more commercial litigation cases for the foreseeable future. For over a decade, Legal-Bay has been dedicated to funding large and complex commercial litigation cases. However, they have now expanded to accommodate more clientele as they’ve seen a surge in cases where clients have been disqualified for advances from other funding companies.
Law Finance Group (LFG) has announced that Stephanie Southwick has joined the San Francisco-based funder in the role of Senior Investment Counselor. Southwick joins LFG, having spent four years at…
As we approach the final months of 2023, a year that was perhaps expected to be one of unparalleled growth for the litigation funding industry, we are seeing signs that…
As many leaders in the litigation finance space have noted in interviews and at industry conferences, one of the most important ways to increase market growth is by providing education…
Litigation Capital Management Limited (AIM:LIT), an alternative asset manager specialising in dispute financing solutions internationally, today announces that it intends to commence a share buyback programme in respect of its ordinary shares up to a maximum consideration of A$10.0 million from the date of this announcement (the “Share Buyback Programme”).
Co-founder & Chief Executive Officer at DealBridge.ai. Prior to founding DealBridge.ai, he led various data, technology, and product initiatives at some of the largest financial institutions and a category-defining FinTech: JPMorgan Chase, BlackRock, and iCapital. He has spent the past 15 years devising technical & business solutions across manufacturing, life sciences, and financial services. He holds a BS in Electrical Engineering from the Pennsylvania State University.
From September 26th-28th, LF Dealmakers hosted its sixth annual event in New York City. The three-day conference kicked off with a workshop on navigating the Mass Torts landscape, and an opening reception at the James Hotel. Days two and three featured panel discussions and networking opportunities between key stakeholders in the litigation finance space.
Among those critical of the litigation finance industry, large corporations and insurers are often cast as two of the chief opponents of third-party funding. However, as a recent article has…
Investments by litigation funders into claims not only represent their belief in the validity of the legal case, but also their belief in the lawyers who will be representing the…
As the litigation finance industry continues to mature and we see more widespread adoption across a range of jurisdictions, common misconceptions about third-party funding are still present. Although funders can…
There are many examples of litigation funders offering essential support to class action cases, providing group members with the capital needed to seek justice from companies or institutions that have…
Beyond the traditional funding of individual cases, one of the biggest growth areas for litigation finance continues to be direct financing of law firms. Following on from this weekend’s announcement…
As the industry continues to monitor the fallout from the Supreme Court’s ruling on the classification of litigation funding agreements (LFAs) as damages-based agreements (DBAs), it is important to note…
The dispute between the Malaysian government and the Sulu heirs has been one of the most high profile international arbitration cases in recent times, raising issues around state sovereignty and…
DealBridge.ai, the inventor of the modern Deal Relationship Management (DRM) platform, is delighted to announce its strategic partnership with Finitive. Finitive, a leading marketplace that excels in facilitating deal-making within the private credit space, has selected DealBridge.ai’s cutting-edge technology to help power its litigation finance business.
Critics of the litigation finance industry often point to the lack of transparency around funders’ involvement in litigation as a key issue. However, this contention can also lead to defendants…
Pogust Goodhead, a global law firm, and Gramercy Funds Management LLC (“Gramercy”), today announced that they have entered into a $552.5 million investment partnership in the form of a secured loan by Gramercy to Pogust Goodhead. This loan is the largest of its kind in a U.K. based law firm.
It is a common refrain that the litigation finance industry has never been in a better situation, with investors seeing it as a valuable alternative asset class and funders experiencing…
The panel discussion consisted of Jacob Malherbe, CEO of X Social Media, Sara Papantonio, Partner at Levin Papantonio Rafferty, and Ryan Stephen, Managing Partner of Pine Valley Capital Partners. The panel was moderated by Steve Nober, CEO of Consumer Attorney Marketing Group (CAMG),
Palisade Insurance Partners, LLC (“Palisade” or the “Company”), a specialty managing general underwriter (“MGU”), today announced the appointments of two seasoned industry executives across its business geography. Scott Stevenson has joined Palisade Insurance Partners LLC in New York as Head of US Risk, from Aon Special Opportunities Group where he served as Senior Vice President. Mark de la Haye has joined Palisade Risk Solutions Ltd in London as Head of UK and Europe Risk, from Augusta Ventures Limited, where he served as Head of Resolutions.
In a post on LinkedIn, the Association of Litigation Funders of Australia (ALFA) announced that MA Financial Group Limited has become its newest Associate Member. Read More…
In the immediate aftermath of the Supreme Court’s PACCAR ruling, industry commentators recognized the impact that this judgement would have on future litigation funding agreements (LFAs), as well as on…
The pressure on companies to achieve tangible progress towards ESG goals has never been more pronounced, with stakeholders in the public and private sectors looking for corporations to make good…