Max Doyle Joins LexShares as New Chief Executive
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…
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.”
The widespread adoption of insurance products within the litigation finance space has been one of the hot topics recently, as it opens the door to a range of opportunities for funders and LPs. IMN’s panel discussion on insurance explored how funders can use these products to lower their rates and hedge investments, the solutions available to de-risk and monetize litigation and arbitration, what is covered and how much coverage is needed, and more.
How are inflation and rising rates impacting the litigation funding market? How can funders attract more institutional capital in today’s economic environment? What new products are emerging to disrupt the market? IMN’s 5th Annual Financing, Structuring, and Investing in Litigation Finance event kicked off with an opening panel on “The State of the Market: Where is the Litigation Finance Market Headed?”
Few areas of litigation funding are projected to grow as steadily as environmental and climate litigation, with landmark high-value settlements in the last few years demonstrating the scale of opportunities…
The beginning of 2023 saw much speculation that litigation funding was about to enter the next phase of impressive growth, fueled by a rise in litigation that often accompanies an…
As LFJ reported last month, the Italian litigation funding market experienced an exciting new development, as a startup Italian funder announced a partnership with a local association to provide funding…
Private equity firm TowerBrook Capital was Validity Finance’s primary investor in the firm’s 2018 launch. However, TowerBrook has announced that it will cease to continue funding Validity due to a…
In a huge boost to the hopes of millions of UK consumers who stand to gain from a Woodsford-funded collective action against five large shipping companies who engaged in an anticompetitive cartel, the UK Supreme Court announced yesterday that it had refused to allow a further appeal against certification of the collective action to proceed.
Omni Bridgeway Limited (Omni Bridgeway, Company, OBL) (ASX: OBL) announces that the sale of a participation in Fund 1 to Gerchen Capital Partners (GCP) has completed and the Initial Payment of US$38.0 million has been received and distributed as set out in our announcement dated 11 May 2023.
As LFJ reported in February of this year, the gold exploration and development company, Panthera Resources, entered into an arbitration funding agreement (AFA) with Litigation Capital Management’s subsidiary, LCM Funding…
Whilst state legislatures across the US continue to debate and advance legislation to mandate the disclosure of litigation funding in civil cases, in most jurisdictions the power to order disclosure…
For litigation funders, it is imperative that any legal action they choose to finance not only has a strong theory of the case to win, but also is paired with…
Whilst it is routinely stated that litigation funding is on the rise both in adoption and volume of activity around the world, there are still numerous jurisdictions where it has…
Patent infringement lawsuits have become some of the most sought-after targets for litigation funders, despite the increasing pressure from courts in the US to increase disclosure around the involvement of…
As litigation funding continues to expand into newer markets, a key issue that funders will be keeping an eye on is the creation of precedents from court judgements and rulings…
The expansion of litigation funding around the globe and the concurrent increase in the number of funders has meant that there are now more options than ever for litigants or…
The global growth of litigation funding has funders, law firms and other interested parties all looking to see where the next major market could be for the widespread adoption of…
Despite the looming spectre of potential regulation affecting the litigation funding industry in Europe, it seems that third-party funding is continuing to grow in activity across a wide variety of…
The relationships between law firms and funders are key to the success of the litigation finance industry, whether around the funding of individual cases or wider-ranging partnerships. Last month saw…
The push for increased regulation of litigation financing across several US states has been gaining momentum this year, with new bills announced, and in some states like Montana, those bills…
Fortress Investment Group (“Fortress”) and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have entered into definitive agreements to acquire 90.01% of the equity of Fortress that is currently held by SoftBank Group Corp. (“SoftBank”), who have been the owners of Fortress since 2017. Terms of the deal were not disclosed, and the deal is subject to customary closing conditions and regulatory approvals.
As litigation funding is predicted to continue its impressive growth, it is perhaps no surprise that beyond the traditional cohort of funders, small fintech companies are starting to look to…
Ever since the publication of the Voss Report and its recommendations for increased regulation of litigation funding in the EU, there has been much debate about what the future of…
Representative actions in the UK have often been viewed as strong vehicles for litigation funders to pursue their dual objectives of widening access to justice and delivering significant financial returns…