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

October 23, 2019 – Burford Capital, the leading global finance and investment management firm focused on law, today announced the results of its 2019 Legal Finance Report: A Survey of In-House and Law Firm Lawyers. Based on online survey data from 509 in-house and law firm lawyers in the US, UK, Canada and Australia, as well as in-depth phone interviews conducted with 32 leading lawyers across seven countries, the report reveals that legal finance is continuing to grow in use and sophistication, with lawyers predicting still more use in the event of a recession.

JERICHO, N.Y., Oct. 25, 2019 /PRNewswire/ — Esquire Financial Holdings, Inc. (ESQ) (the “Company”), the holding company for Esquire Bank, National Association (“Esquire Bank”), today announced its operating results for the three and nine months ended September 30, 2019.

Leading Welsh commercial law firm Acuity Law has agreed a £10 million litigation funding facility with the UK’s largest litigation funder by volume, Augusta Ventures.

SYDNEY (October 15 2019)  Leading litigation and disputes funder IMF Bentham Limited (IMF Bentham) (ASX:IMF) announces that it is acquiring Omni Bridgeway Holdings BV (Omni Bridgeway) to create a truly global diversified funder with over A$2.2 billion in capital to fund disputes and enforcement proceedings of significant size and complexity throughout the world.

LONDON 14 October 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 Adam Erusalimsky to the position of Senior Investment Officer, Alex Hickson as Investment Officer and Daniel Littman as Commercial Manager. All three will be based at Woodsford’s London HQ.

NASHVILLE, October 10, 2019—Westfleet Advisors, the leading U.S. litigation finance advisory firm, announced today that it has expanded its executive team with the additions of Barry Kamar and Michael Perich, both as Vice President and Legal Counsel. Mr. Kamar was most recently an Assistant United States Attorney (AUSA) in New Jersey. Mr. Perich joins Westfleet from AmLaw 200 law firm, Ice Miller.

The Center on Civil Justice recently launched its Dispute Financing Library, a free, neutral repository of documents relating to the third-party litigation funding industry.  It is online at www.DisputeFinancingLibrary.org.

London 10^th October 2019, Augusta today announces the appointment of Frances Coats as General Counsel, based in London.

NEW YORK, Oct. 7, 2019 /PRNewswire/ — BlueWhite Legal Capital (“BlueWhite” or “the Company”), a privately-held litigation finance firm led by Jules Kroll, Aaron Rubinstein, Earl Doppelt, and Jack Blackburn – all prominent business, legal and finance professionals – today announced its official company launch.

CHICAGO (PRWEB) OCTOBER 04, 2019: Lawyers’ ethical duties don’t just inform how they do their jobs – they also dictate how they get paid. Join our panel for a discussion of ethical issues arising out of legal fee arrangements, from basic requirements of reasonableness to ongoing and developing law concerning third party litigation finance in multimillion dollar cases.

NEW YORK, NY / ACCESSWIRE / September 23, 2019 / Bryant Park Capital (“BPC”), a leading middle market investment bank, announced today that Legis Finance Ltd. (“Legis” or the “Company”) recently closed on a $104.5 million capital raise transaction with a global investment management firm. This financing adds to its current insurance and merchant banking capacity, and gives the Company a long-term capital partner to finance operations and originations.

London 2 October 2019: The Association of Litigation Funders of England & Wales (“the ALF”) today announced the appointment of Susan Dunn as Chair at the ALF’s Annual General Meeting. Susan Dunn currently serves as a Director of the ALF and succeeds Leslie Perrin, following his expression of a desire to stand down this year after serving as Chair for almost 8 years.

UK law firm Rosenblatt announced the formation of a litigation funding arm when the firm went public last year. Now, in the firm’s half-year report, CEO Nicola Foulston announced that Rosenblatt will be treating all un-concluded claims as costs, eschewing any potential concern over its accounting methodology.

This past Wednesday and Thursday saw New York City play host to the 2nd annual LF Dealmakers Forum. Hosted by Wendy Chou, whose popular IP Dealmakers Forum served as a launchpad for a similar conference aimed at the litigation funding market, the sold out two-day event brought together industry experts and novices alike.

NEW YORK (September 18, 2019) – Litigation funder Validity Finance continues to build its U.S. investment team while expanding its capital base. The firm announced the arrival of Ronit Cohen, who joins Validity as portfolio counsel. A former trial lawyer who practiced at Simpson Thacher & Bartlett and O’Melveny, Ms. Cohen transitioned to litigation finance in 2012 and spent the past seven years as an investment professional at Bentham IMF.