News and analysis dedicated to the commercial litigation funding sector including regulatory issues, case developments, funding activities, and more.
Commercial
3048 Articles
Silver Bull Announces Execution of Key Persons Retention Agreement
Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull” or the “Company”) is pleased to announce that following the entering into the litigation funding agreement with Bench Walk Advisors LLC (the “LFA”), the Company has established a Management Retention Agreement (“MRA”), which is a long-term incentive program to retain key personnel of the Company who have important historical information and knowledge to contribute towards the Claim.
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.
Burford Capital Releases Latest Quarterly Journal of Legal Finance
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.
Is the Supreme Court ruling in PACCAR really clashing with the Litigation Finance industry? An overview of the PACCAR decision and its potential effects
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 Lawsuit Settlement Funding Launches New Site for Commercial Litigation Loans
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.
LCM Announces Share Buyback Programme
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”).
Member Spotlight: Joshua Masia
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.
Highlights from the 6th Annual LF Dealmakers Conference
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.
Finitive Selects DealBridge.ai to Power its Litigation Finance Marketplace
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.
