Litigation Finance Fine Tunes How Legal Claims are Pursued
Despite the benefits being obvious, debate continues as to whether Litigation Finance is a net positive for the legal system. Some say that easy access to lawsuit funding may result…
Despite the benefits being obvious, debate continues as to whether Litigation Finance is a net positive for the legal system. Some say that easy access to lawsuit funding may result…
It’s been nearly seven months since District of New Jersey Local Rule 7.1.1 came into effect. The rule requires disclosure of the existence of third-party litigation funding within 30 days…
Why has Litigation Finance taken off in recent years? There are many contributing factors. The rising costs of litigation certainly play a part in the popularity of third-party funding. The…
Buford’s new quarterly for the first quarter of 2022 has been published. Flush with global uncertainty from the evolving pandemic, Burford’s quarterly aims to explore litigation finance growth opportunities. Read…
There is a third party funding battle playing out in Australia. The argument Omni Bridgeway, Vannin Capital, ICP, Litigation Lending and Balance Legal Capital are making Is that the Australian…
In 2020, an estimated $17 billion was invested in litigation funding globally. More than half of that was in the United States. According to some, like Swiss Re, this is…
Third parties funding legal cases is certainly not new. In fact, the practice has existed since the middle ages. Once called ‘champerty and maintenance,’ third party funding of claims was…
Calumet Capital, known for investing private capital into contingent fee law firms, recently announced a $300 million commitment from a global alternative investment firm. This is coupled with already ongoing…
NYCCoin and New York-based Stacks pose a billion dollar question: Are Hong Kong data rules the same as China data rules? Read More…
Singapore began the year with an extended approach to the interpretation of third party funding frameworks (TPF). The Singapore International Commercial Court (SICC) now allows TPF coverage for some cases,…
A new video exploring offshore litigation investment is a must see. The joint Brick Court and Hereford Litigation seminar with Vernon Flynn QC, Benjamin Woolgar and Ben Mays profiles thoughts,…
Class action reforms are being assessed across Australia. Concern has been raised over a proposed 30% cap on litigation funding payouts. Critics say that the cap would seriously hamper access…
According to Advanced Market Analytics, the world-wide litigation finance market is expected to continue its acceleration. The company’s research explores litigation finance’s evolving trends, opportunities, drivers and red flags across…
The emergence of litigation finance in mainstream society over the last decade is built upon a rich history. With the invention of legal systems and processes, third party investment of…
On Thursday February 3, 2022 the New York State Bar Association (NYSBA) will host a seminar titled, “Litigation Finance In 2022: Ethical Considerations For Attorneys And Current Marketplace Trends.” Read…
Olivia de Patoul, Senior Legal Counsel for the Asia-Pacific region at third-party funder Deminor, recently discussed enforcement issues with third party funders. Read More…
Federal Rule 26 serves as general guidance to the duty of disclosure during discovery proceedings. The question is, should litigation finance agreements fall under Federal Rule 26’s purview? Significant effort…
Anyone seeking to challenge a litigation funding agreement got a severe message from the Fifth Circuit court in December. The message is: You’d better have standing. An opinion by Judge…
After a notable career with Time Warner, Chris Bogart co-founded Burford Capital, now the global leader in litigation finance. It began with a simple idea: develop a third-party funding company…
Nearly 78,000 people have donated in an effort to crowdfund cases in the Scottish courts. A study published in Edinburgh Law Review details that The People’s Action on Section 30…
All eyes are on L&F Acquisition Corp, launched by former chair of Kirkland & Ellis, Jeff Hammes, and CEO of Keller Lenker, Adam Gerchen. It was assumed that the SPAC…
Is Josh Harris, co-founder of Apollo Global Management, engaged in a plot to take down his former partner? Leon Black thinks so. He’s currently fighting a civil claim from his…
LexShares, a tech-enabled leader in litigation finance, today announced the oversubscribed closing of LexShares Marketplace Fund II (LMFII), a $100 million fund dedicated to investments in commercial legal claims. LexShares’ deployment of the fund will be overseen by new chief executive officer, Cayse Llorens, who joined the firm’s senior leadership team in 2021.
Burford Capital is a worldwide leader in legal asset management and litigation finance. With a footprint in New York, Hong Kong, Singapore, Sydney and Washington, Buford’s legacy is pegged to…
Woodsford released a new guide titled, “Litigation Funding 2022.” The guide explores the practice of law across 23 jurisdictions worldwide. This is the sixth Litigation Funding edition by Woodsford. Read…
A London High Court recently ruled that a litigation funder had no material evidence to achieve a successful claim. Henceforth, the Court reduced a £3M+ litigation finance claim down to…
Multiple unnamed sources have asserted that Tennis Australia, funded by taxpayers, is covering the legal fees of 20-time Grand Slam winner Novak Djokovic. Organizers of the Australian Open are believed…
Understanding the difference between monetization and enforcement is essential when developing a strategy to navigate a situation requiring an award to be enforced. This was discussed by Annie Lespérance, Head…
Legal Utopia, a London LawTech startup, recently launched a Seedrs crowdfunding campaign. It is hoping to raise GBP 200,000 in capital to further its mission to disrupt the legal industry….