Manolete Partners writes down GBP2.3 million on High Court decision
Manolete Partners PLC on Friday said it has received a “rare adverse decision” on one of its larger cases from the UK High Court, forcing it to write down GBP2.3 million.
Manolete Partners PLC on Friday said it has received a “rare adverse decision” on one of its larger cases from the UK High Court, forcing it to write down GBP2.3 million.
Class actions are often thought of as a method to address ongoing or recent grievances against a corporate or public entity, but they also have the potential to provide legal…
The issue of financial risk and cost overruns during litigation is not just one that affects entities pursuing legal action, it also has serious implications for law firms whose business…
As the demand for litigation funding continues to rise, industry insiders are seeing a parallel rise in the demand for skilled and experienced litigation professionals who these funders are eager…
Litigation funding is primarily considered as an advantage in commercial litigation for its ability to remove the financial risk for companies that would otherwise have to fund their own claims….
Patent infringement suits have been increasingly viewed as valuable prospects for litigation funders willing to foot the bill and go toe-to-toe with large corporates accused of infringement. However, a recent…
The following article is part of an ongoing column titled ‘Investor Insights.’
Brought to you by Ed Truant, founder and content manager of Slingshot Capital, ‘Investor Insights’ will provide thoughtful and engaging perspectives on all aspects of investing in litigation finance.
Global law firm Pogust Goodhead has announced the hiring of Jeffrey Gittleman to lead the firm’s growing international antitrust/competition practice. Mr. Gittleman has joined the firm as a partner in Pogust Goodhead’s Philadelphia, Pennsylvania office.
One of the most powerful uses of litigation funding is the ability to empower employees to seek legal redress from their employers, who would otherwise be shielded by the vast resources…
Burford Capital Ltd on Tuesday said it hired Jordan Licht as its new chief financial officer, replacing Ken Brause.
With the economic climate uncertain and rising inflation taking a toll on markets around the world, industry insiders are keeping a careful eye on a related spike for insolvencies. As…
The vitality and continued growth of litigation funding is still incredibly dependent on the evolution of government policy. As a result, we have seen regulations implemented by governments in recent…
Despite not being seen as a traditional hub of third-party funding, South America is showing signs of a burgeoning industry as new funders are emerging to meet regional demand. This…
With the litigation funding market booming across the globe, established market leaders are seeing the positive impacts on their balance sheets, and these leading funders are building significant amounts of capital ready to be deployed in future cases.
Litigation funding allows consumers to seek legal redress against companies when their consumer rights are infringed, and is also a valuable asset for small business owners who lack the financial…
Just as other industries have been enhanced by the evolution of technology and particularly data-driven processes, litigators also have the potential to benefit from drawing on a wealth of data…
As the pace of adoption of litigation funding continues to grow across Europe, so too does the debate around the level and scope of regulation needed to ensure that this…
Sydney-based litigation financier, Omni Bridgeway, announced a $4.5MM profit for the 12 months ending in June. The news is a turnaround from the -$12.7MM loss a year prior. Andrew Saker…
LITFINCON is excited to announce its return to The Post Oak Hotel in Houston in March 2023, after a triumphant conference in March 2022.
LegalPay, a FinTech in legal and insolvency space, announced that it has elevated Kashish Grover as Chief Operating Officer (COO).
While litigation funding is often used by companies to facilitate legal claims against one another, it also provides a tool for corporates to seek redress against state actors whose legislation…
The topic of disclosure in litigation where there is the presence of third-party funding has been a hot topic in several jurisdictions, with defendants strongly arguing that there needs to be an increased level of transparency when it comes to litigation funding.
One of the central tenets of litigation funding is the importance of risk management and analysis not only during case selection, but further down the road when counsel must weigh the benefits and drawbacks of settlement. Whilst law firms bring their significant weight of experience and expertise to bear when evaluating settlement options during dispute resolution, the ability to pinpoint the exact right moment and terms under which to settle is always a challenge.
While commercial litigation funding has been present in Australia since the 1990s, there are signs of continued industry growth within the country. Read More…
In the wake of the American Bar Association approving measures to loosen restrictions on sharing Law firm revenues with non-attorneys, Bloomberg law reports that legislators in California are resisting the…
Offices in Houston, New York and San Francisco at Omni Bridgeway will host an exciting new 10 week summer associate program. Jordan Metoyer (Graduate of Georgetown Law Center) and Chanel…
The ability of consumers to hold major international corporations to account over their failings has been drastically strengthened by the presence of third-party funding options around the world. This was…
While the availability of, and access to, litigation funding has been a boon for those seeking access to justice, some industry insiders argue that reforms have not gone far enough, and that more change is needed. One area of interest is recoverability for plaintiff costs, where currently claimants still stand to lose financially in order to cover the costs of the very funding that has allowed them to access justice.
Litigation finance is booming around the world, and while new funders are increasingly popping up to meet regional demand, industry stalwarts are continuing to augment their resources. Read More…
While class actions have historically been much more prominent within the US legal system, which has been more open to aggressive litigious actions, the UK and Europe seem to be…