Corporations Act s596A Expanded by High Court of Australia
A recent decision by the High Court of Australia (HCA) expanded the scope of s596A of the Corporations Act 2001, regarding public examinations and who has standing to conduct them….
A recent decision by the High Court of Australia (HCA) expanded the scope of s596A of the Corporations Act 2001, regarding public examinations and who has standing to conduct them….
A recent NZ court of appeal ruling found that the director of Mainzeal traded on his company, which was technically insolvent for nearly a decade—yet caused no material loss to…
Augusta Ventures has been a pioneer in international litigation finance, putting to work over $770M of capital into litigation investment agreements since its founding in 2013, Augusta purports a pedigree…
Kove IO (KIO) is initiating a likely contentious patent infringement litigation against Amazon Web Services (AWS). KIO has sued AWS with a complaint that alleges abuse of patent infringement as…
An update to a story LitigationFinanceJournal.com recently reported on: The case in the United Kingdom involving Cadney and their former client Peak Hotels & Resorts Limited has a new decision…
The nature of litigation calls for achieving marginal gains in the courtroom that add up to victory. So, when Google and Apple both lost individual judgements for ‘unfair tactical advantages’…
On the occasion of International Women’s Day, some firms are looking again at what can be done to address the gender pay gap at major law firms. Of course, the…
The popularity of third-party legal funding has increased exponentially in recent years. A new survey from Above the Law underscores this rapid growth. Read More…
Europe and the United Kingdom continue to pummel United States technology giants with billion-dollar claims to kill marketplace manipulation related to anti-competitive behavior. This begs the question of if regulators…
In 2015, Omni Bridgeway opened the first litigation finance office in Canada’s history. Omni’s overarching goal was to offer access to Canada’s justice system. Since then, demand for investment in…
We’re all familiar with the phrase ‘equal justice under the law.’ Yet some would say the accuracy of that statement is debatable. Meanwhile, litigation funding, a practice developed specifically to…
This week in the United Kingdom, a case is being heard involving the ligation powerhouse Cadney, regarding their former client Peak Hotels & Resorts Limited. The case involves Peak’s insolvency…
Protecting access to justice is a hallmark of the litigation finance industry. Divorce is no exception. Success stories rain in regarding instances where one party is being ‘jerked around’ with…
Allen Fagin is a former partner of Proskauer Rose LLP, where he served as the firm’s chairman from 2005 to 2011. Today, Mr. Fagin is a senior advisor and board…
Switzerland-based Liti Capital has announced a new staking program on the Polygon Network. Liti Capital purchases interest in litigation assets to help claimants fund cases. If the case is successful,…
According to a Bloomberg survey, 88% of lawyers believe that third-party legal funding increases access to justice. Noted legal scholar Maya Steinitz describes the practice as the most important development…
Steinhoff International Holdings NV recently settled the European Union’s second largest securities fraud claim, finalizing three years of complex contentious negotiations. Steinhoff, a Dutch firm with headquarters in South Africa,…
The litigation finance marketplace has been thriving in the United States, Europe and Australia. Meanwhile, the United Arab Emirates (UAE) has one of the most imaginative and resource-driven litigation finance…
Being an inventor is part of the American Dream. The imagination, work and general effort it takes to invent a new product design is an overwhelming undertaking. Similarly, the patent…
With the third party litigation finance industry growing exponentially, trends show that claim investment may be cause for concern. US-based investment into third party funding in 2020 was around $17B….
After three years of diligent negotiations, a GBP 1.4 billion settlement went into effect against Steinhoff International Holdings NV. This represents the second-largest settlement against a European company in a…
Industry norms suggest that in commercial disputes, litigation insurance for defendants is not part of the equation. Usually, it’s claimants who make use of this type of after-the-event insurance. But…
Burford Capital—the leading global finance and asset management firm focused on law—today announces that it has crossed a significant milestone in its groundbreaking initiative designed to increase diversity in the business of law, with more than $100 million in cumulative Equity Project commitments made to back commercial litigation and arbitration led by female and racially diverse lawyers.
One of the most common assertions from Litigation Finance naysayers is that access to funding to pursue cases will result in frivolous lawsuits that lack merit. Claims that such filings…
Resolution professionals are increasingly turning to third-party legal funders in order to provide operating capital until liquidation is complete, or a new owner reorganizes the company. Read More…
Levitt Robinson, class action lawyers leading the cases against Priceline and Hog’s Breath, estimate that it will take over $8 million to continue the Priceline case. The case is now…