News and analysis dedicated to the commercial litigation funding sector including regulatory issues, case developments, funding activities, and more.

The Commercial Litigation Association (CLA) today announces that Nick Rowles Davies, Executive Vice Chairmanof Litigation Capital Management (LCM) andFounder andCEO ofChancery Capital, hasbeen appointed as Chairman, effective immediately.

Litigation Capital Management Limited (AIM:LIT) (LCM), a leading international provider of litigation financing solutions, today provides an update as to its portfolio and pipeline of litigation projects as at 30 June 2019.

Litigation Capital Management Limited (AIM:LIT), a leading international provider of litigation financing solutions, announces that a conditional settlement has been reached in respect of one of its litigation projects.

NEW YORK, June 27, 2019 /PRNewswire/ — Burford Capital, the leading global finance and investment management firm focused on law, today announced the results of a groundbreaking new survey that asked Chief Financial Officers to share their views on how companies deal with the billions they spend annually on legal disputes. 2019 Managing Legal Risk Report: A Survey of CFOs and Finance Professionals reveals that CFOs see this as an urgent business challenge—especially ahead of a potential recession that will put pressure on companies to use their cash wisely—and that they are eager to partner with General Counsels to embrace innovative new solutions, including legal finance.

John Beechey, one of the biggest names in international arbitration and former President of the ICC International Court of Arbitration, is retiring from his position as Chair of the International Chamber of Commerce’s (ICC’s) Arbitration programme in the UK, passing the torch on to his successor, Ania Farren, Managing Director of Vannin Capital. Ania will take up the reins from 20th June, supported by Iain Quirk from Essex Court Chambers and Guy Pendell from CMS, whom we welcome as a new Vice Chair in the UK leadership team.

One of LCM’s key areas of focus since its IPO has been the origination and execution of corporate portfolio transactions. The recent announcement of a portfolio funding partnership with a major aviation company, in which LCM will finance 38 worldwide disputes and contractual claims arising from the operations of the company for an initial 5-year rolling period, underscores the funder’s commitment to its corporate portfolio funding strategy.

Litigation Capital Management Limited (AIM:LIT) (LCM), a leading international provider of litigation financing solutions, announces it has signed an agreement to fund a corporate portfolio transaction with a leading global aviation business.

Commercial Litigation Crowdfunding Platform, Axiafunder and Solomonic litigation analytics have agreed a partnership where Solomonic will provide AxiaFunder with the statistical data to support their case evaluation and due diligence Workflows.

SCOTTSDALE, Ariz., June 6, 2019 /PRNewswire/ — Pravati Capital (Company), a leading litigation finance and law firm consulting company, announced today that the Company has formally launched its law firm consulting business, Pravati Management Group.

William Roberts Lawyers and Litigation Capital Management Limited (LCM), a leading international provider of litigation financing solutions, are working together to bring a class action against Suncorp Portfolio Service Limited (Suncorp Super), a trustee responsible for the administration of superannuation funds (Suncorp Super Funds) and part of Suncorp Group Limited.

LONDON, June 3, 2019 /PRNewswire/ — EY today announces the closing of the acquisition of the Pangea3 Legal Managed Services (LMS) business from Thomson Reuters. Together with the recent acquisition of Riverview Law, this means that EY is the first organization with service offerings including legal function consulting, industry-leading LMS and legal technology in addition to legal advisory services where permitted, in more than 80 jurisdictions.

LONDON 4 June 2019, Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals and law firms, has announced further expansion of its international executive team with the appointment of Mitesh Modha to the position of Business Development & Origination Director.

The editors of Litigation Finance Journal wish to retract a May 19 article which asserted that Burford Capital was named as the litigation funder that turned down an Australian class action against Lynas Corp. That information is inaccurate and we regret the error.

Sydney, NSW, Australia–Ticonderoga Ventures, Inc. announces that Mitry Lawyers will speak at the Litigation Funding Conference ( https://litigationfundingconference.com) on May 31, 2019 in Sydney, Australia. Rick Mitry, will speak on the current status of the law of representative proceedings.

Litigation Capital Management Limited (AIM:LIT), a leading international provider of litigation financing solutions, announces that the court has approved a settlement in respect of one of its class action litigation projects. This follows the negotiated settlement in principle of this litigation project announced on 20 March 2019.

Dispute financing company Bentham IMF has hired well-known international arbitration expert Annie Lespérance, FCIArb, as Legal Counsel in its Montreal office as it continues to expand both its arbitration bench strength, and its presence in a growing Quebec market. Annie is the eighth lawyer to join the Canadian team, and will assist in assessing commercial litigation and arbitration matters, where clients seek funding to manage the cost or risk of pursuing a claim.

SAN FRANCISCO, May 21, 2019 /PRNewswire/ — RPX Corporation, the leading provider of patent risk management solutions, today announced that Jon Knight has joined RPX as Executive Vice President, Business Development, effective May 13, 2019.

Ticonderoga Ventures, Inc. announces that Legal Capital Research Institute (Shenzhen) will speak at the 5th Litigation Funding Conference ( https://litigationfundingconference.com) on May 31, 2019 in Sydney, Australia.