Reaching for Gender Equality in Big Law
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…
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…
A recent opinion piece on Consumer Legal Funding pulls no punches in its condemnation of the industry. Its author, Kirsten John Foy, refers to being a “victim” of “predatory practices”…
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…
Missouri’s House of Representatives recently introduced the “Consumer Litigation Funding Model Act” in an effort to regulate disclosure of litigation funding agreements at the time of case discovery. If the…
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…
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…
The United Kingdom is home to The Catch Litigation Fund (KLIF), a litigation investment portfolio that saw returns of about 16% during 2021. Traditionally, many ligation portfolios focus on a…
The stem cell biotechnology firm NovelStem International Corporation has launched arbitration proceedings against NetCo Partners to maximize value from legacy entertainment publishing assets. Omni Bridgeway has been announced as the…
With $2M missing from the Lion Air plane crash victims fund, California’s State Bar fears that disgraced attorney Tom Girardi may have embezzled the funds. Mr. Giradi was disbarred this…
Augusta Ventures is funding a lead poisoning class action that may include more than 100,000 Zambians. London human rights attorneys at Leigh Day have collaborated with South African Mbuyisa Molee…
After a seven year investigation, the European General Court upheld a $2.7B fine for Google’s breach of antitrust laws, for providing Google Shopping preference over competitors. Now the Swedish price…
Guo Wengui, a notable Chinese billionaire with close connections to Republican advisor Steve Bannon, has filed for Chapter 11 bankruptcy protections. Recently, a court ordered Wengui to pay $134M in…
With the pandemic beginning to ebb, the numbers are in and point to an increase in litigation funding across global markets, with some lawyers reporting up to 70%+ uptick in…
Four years and three months; that is the average time it takes to be rewarded with justice in Brazil, according to research data released by Brazil’s National Council of Justice…
The Czech Republic is beginning to embrace litigation finance with the announcement of the country’s first litigation investment firm, LitFin. According to Ondřej Tyleček, a partner at LitFin, the agency…