The Rise of Third Party Funding in India
Third party funding has been legal in India since at least 1954, when the Supreme Court ruled that there is nothing morally wrong with outside funding of legal cases, as…
Third party funding has been legal in India since at least 1954, when the Supreme Court ruled that there is nothing morally wrong with outside funding of legal cases, as…
NEW YORK, May 14, 2019 /PRNewswire/ — Leading litigation funder Validity Finance has launched a new Equal Access Fellowship, providing a paid summer fellowship to first-year law students of diverse backgrounds. For 2019, the company has selected two distinguished first-year students to spend the summer in Validity’s New York office, with an option to split their time working for a pro bono organization of their choice.
Jersey, Channel Islands, 15 May 2019. Therium Group Holdings Limited, one of the world’s leading providers of litigation, arbitration and specialty legal finance, today announced the first recipients of grant awards by Therium Access, the firm’s not- for-profit funding initiative dedicated to facilitating access to justice.
At the recent General Counsel Forum on Litigation Finance, both funders and lawyers came together to discuss a variety of topics facing the industry. One of those is defense-side funding….
PHOENIX, May 10, 2019 /PRNewswire/ — Pravati Capital, a leading litigation finance and law firm consulting company, announced today it has named Adam C. Tubbs as Director of Business Development for the Company’s New York City office….
The class action against the New South Wales Department of Defense, alleging contamination of the chemical PFAS which originated at a nearby Air Force base, has been delayed until next…
At last week’s General Counsel Forum on Litigation Finance, several panel discussions covered a broad array of industry topics. In his opening remarks, co-chair Scott Mozarsky of Vannin Capital promised a…
The Abu Dhabi Global Market Courts (ADGM) has released its Litigation Funding Rules, which explain the requirements a funder must meet in order to be officially recognized by the UAE government….
Cleveland-based law firm McDonald Hopkins is starting its own litigation funding division, with ex-Longford director Marc Carmel leading the charge. Read More…
On Wednesday, May 1st, funders, lawyers and in-house counsel gathered to discuss litigation funding at Momentum Events’ inaugural General Counsel Forum on Litigation Finance. Read More…
DOHA, Qatar, April 25, 2019 /PRNewswire/ — The Swifthold Foundation, which was defrauded by Sheikh Fahad Bin Ahmad bin Mohamed Bin Thani and his Qatari company, Fast Trading Group, awaits a crucial hearing on April 28 in the Qatari court, according to Delta Capital Partners, the American litigation finance and support firm that the foundation has retained.
CLEVELAND, April 23, 2019 /PRNewswire/ — McDonald Hopkins LLC has announced the creation of a practice group dedicated to the relatively new and exciting phenomenon of litigation finance. The firm’s Litigation Finance Practice Group is one of the first of its kind and is unique in the legal market.
CHICAGO– Longford Capital today announced the opening of its office in Dallas, Texas, and has recruited a senior litigator and trial lawyer to head the expansion.
Litigation funding is now firmly entrenched in the Legal Services market – or more accurately, half the Legal Services market. While plaintiff-side funding is all the rage, defense-side funding is…
Journalist Peter Greste, formerly of Al Jazeera’s Egyptian bureau, was imprisoned by the Egyptian government for coordinating with The Muslim Brotherhood, a group branded a terrorist organization by Egyptian authorities….
This webinar is co-produced by West LegalEdCenter™ and part of the “Commercial Litigation Funding 101” series. It will feature Jeremy Waitzman (Sugar Felsenthal Grais & Helsinger LLP); Evan Fried (Greybridge Capital LLC); Ken Epstein (Bentham IMF); and Joel Cohen (Stout).
As the legal funding market evolves, so too do the legal/ethical jurisprudence, strategic decisions inherent in utilizing funding, financial instruments used for funding, and nature of funder/funded relationship. In this webinar, a panel of experienced litigation funding professionals examine three live legal funding deals, and discuss how they impact considerations of (i) disclosure of litigation funding, (ii) fee-splitting and non-attorney ownership of law firms, and (iii) financial engineering of innovative funding deals.
The Following sponsored post was contributed by Segue Cloud Services.
The Challenge
Multi Funding USA is a pre-settlement finance provider that serves attorneys and their plaintiffs. The company has been serving clients for nearly a decade, providing millions of dollars in financial support in jurisdictions like New York, New Jersey, Connecticut, Vermont, Texas, California, Florida, and Washington. Through its pre-settlement funding services, plaintiffs can access much needed funds during the often lengthy settlement process as they wait for their cases to be resolved. When a case concludes in favor of the plaintiff, Multi Funding recoups its investment at a preferred rate of return.
Zachary Cefaratti, the CEO of Dubai-based Dalma Capital is classifying litigation funding as “the most attractive asset class we’ve seen.” Cefaratti loves the risk/return profile, coupled with the relatively short lifecycle of…
YieldStreet, the digital platform for crowdfunded alternative investments including litigation finance and real estate, is expanding into art financing with the purchase of Athena Art Finance for $170MM. Read More…
Ralph Sutton, CEO of Validity Finance, has issued a bristling, statistics-laden response to the U.S. Chamber’s recent calls for regulation of the litigation finance industry. Read More…
Vannin Capital, the global expert in legal finance, has today announced the appointment of Pip Murphy and Tom McDonald as Regional Managing Directors of the Australasia region.
Located in Vannin’s Melbourne and Sydney offices respectively, Pip and Tom will have joint responsibility for leading Vannin’s Australasian business and team, which includes Managing Directors Adam Silverman (commercial litigation and arbitration) and Steven Taylor (class actions and commercial litigation).
NEW YORK (APRIL 9, 2019) – Further growing its presence in the important Texas legal market, Validity Finance announced the arrival of Wendie Childress, who joins the firm as portfolio counsel in the company’s Houston office.
Augusta Ventures, which has been on a hiring binge lately, has brought on FTI Consulting’s Managing Director Leor Franks as its new Chief Marketing Officer.
Last Thursday, DealFlow Events held their first annual Litigation Funding Forum in New York City. Industry participants gathered at the TKP Conference Center in midtown Manhattan to network and discuss the most pressing issues facing the industry today.
This past week, Harvard Law School held its first-ever Litigation Finance Symposium. The event drew experienced professionals and curious students and academics alike, and sought to answer some practical questions…
The Center on Civil Justice at NYU School of Law has launched a comprehensive digital library of documents relating the third-party litigation funding industry.
Freeths, the law firm representing the pool of over 500 sub-postmasters who are suing the UK Post Office for wrongful termination and damages due to unfair business practices, has filed…
It’s Women’s History Month, so there’s no better time to evaluate the state of equal representation for women (or lack thereof) when it comes to international arbitration. Despite much discussion…
The Full Federal Court of Australia and the New South Wales Court of Appeal have found in separate judgments that common fund orders can be approved by courts in class…