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Regulatory Issues

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Regulatory Issues

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Landmark New York Court’s Decision Strengthens the Future of Litigation Funding

By John Freund |

The following piece was contributed by Guido Demarco, Director and Head of Legal Assets at Stonward.

In a groundbreaking legal battle that pitted Petersen Energía SAU and Petersen Energía Inversora SAU[1] (the Petersen Companies) against the Republic of Argentina, the recent decision by the District Court of Southern District of New York has far-reaching implications for the litigation funding industry. This landmark ruling reaffirms the critical role litigation funders play in providing access to justice, particularly in complex cases involving powerful sovereign entities.

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