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Validity Finance Expands Texas Presence with new Portfolio Counsel in Houston

Validity Finance Expands Texas Presence with new Portfolio Counsel in Houston

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.

An experienced trial lawyer, Ms. Childress arrives from litigation powerhouse Yetter Coleman, where she was Senior Counsel, representing both plaintiff and defense clients in complex commercial litigation and arbitration. Her practice spanned cases across a wide range of industries including energy, technology, healthcare, and financial services. Ms. Childress also brings public sector experience to her new job. Earlier in her career, she served as general counsel to the Texas Senate Committee on Business and Commerce, giving her insight into the political obstacles and opportunities facing business clients. “Wendie has achieved significant stature in South Texas thanks to her winning track record in commercial disputes on behalf of a range of prominent clients. Her success as a high-stakes litigator and an expert in policy and regulatory matters makes her a perfect fit for our business,” said Laina Miller, a Validity investment manager and head of the firm’s Houston office. “Wendie also co-chaired her firm’s Women in Leadership initiative, and is a strong advocate for women lawyers, which we value highly,” Ms. Miller added, noting that Validity’s 10-member professional team is now evenly split between men and women. Since launching in June 2018, Validity has reviewed over 250 case opportunities brought by clients and law firms of all sizes, including 80% of Am Law 100 firms. The firm has partnered in funded cases with Am Law 100 firms, boutique trial firms as well as entrepreneurial business clients. Validity has invested in several major matters originating in Texas, including cases in the oil and gas sector. As Validity CEO Ralph Sutton reports, “A growing number of companies now regularly share litigation risk with outside counsel and litigation finance companies in ways that seemed challenging just five years ago—and that were all but impossible when I entered the industry in 2006.” Along with this expanded adoption of litigation finance has come the need to increase the speed and accuracy of case due diligence and assessment, activities that Ms. Childress will help manage in expanding Validity’s portfolio in Texas and the Southwest. She follows on the heels of another recently joined portfolio counsel William Marra in New York. “As a commercial litigator I understand the value of shared economic risk using litigation funding. Validity has demonstrated some of the most innovative and collaborative approaches to litigation finance, including solutions conceived to drive law firm revenue, as well as help companies achieve the greatest recoveries,” Ms. Childress said. “I’m excited about my new role in helping business claimants and law firms take advantage of Validity’s capital pipeline and litigation expertise.” About Validity: Validity provides businesses, law firms and individuals with non-recourse funding for a wide variety of commercial litigation. Founded by litigation finance pioneer Ralph Sutton, Validity believes that capital and legal expertise combine to help solve legal problems on behalf of clients. With a mission to make a meaningful difference in the legal system by focusing on client needs, Validity stands out with a relentless focus on fairness, innovation and clarity.  For more, visit www.validity-finance.com.

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Burford’s Q2 Profits Surge on New Capital

By John Freund |

Burford Capital has delivered its strongest quarterly performance in two years, buoyed by a swelling pipeline of high-value disputes and a fresh infusion of investor cash.

A press release in PR Newswire reveals that the New York- and London-listed funder more than doubled revenue and profitability in the three months to 30 June 2025. CEO Christopher Bogart credited “very substantial levels of new business” for the uptick, noting that demand for non-recourse financing remains “as strong as we’ve ever seen.”

The stellar quarter follows a lightning-quick, two-day debt offering in July that raised $500 million—capital Burford says will be deployed across a growing roster of commercial litigations, international arbitrations, and asset-recovery campaigns. Management also highlighted significant progress in portfolio rotations, underscoring the firm’s ability to monetise older positions while writing new ones at scale. Investors will get a deeper dive when Burford hosts its earnings call today at 9 a.m. EDT.

Burford’s results arrive amid heightened regulatory chatter in Washington and Westminster, yet the numbers suggest the industry’s largest player is unfazed—for now—by talk of disclosure mandates and tax levies. The firm emphasised that its legal-finance, risk-management and asset-recovery businesses remain uncorrelated to broader markets, a pitch that continues to resonate with pension funds and endowments hunting for alternative yield.

For litigation-finance insiders, Burford’s capital-raising prowess and improving margins could have ripple effects: rival funders may face stiffer competition for marquee cases, while law-firm partners might leverage the firm’s deeper pockets to negotiate richer portfolio deals.

International Legal Finance Association (ILFA) Announces End of Year Gala and Inaugural Legal Finance Awards

By John Freund |

 The International Legal Finance Association is pleased to announce its annual End-of-Year Gala Dinner on November 13, 2025.  The event will take place at The Law Society in London, bringing together leading figures from across the legal finance industry for an evening of celebration and reflection on the year’s achievements.  

The dinner will be accompanied by the inaugural Legal Finance Awards.  The awards are designed to recognize and honor excellence across the legal finance ecosystem. They will spotlight the achievements of funders, law firms, brokers, advisors, and other key contributors to the continued growth and innovation of the industry. Nominations for the awards are now open, with the nomination form available here

“The Gala Dinner is a chance for our members and guests to gather in person and celebrate the progress we've made over the year,” said Rupert Cunningham, Global Director of Growth and Membership Engagement at ILFA. “We are especially excited to launch the Legal Finance Awards, which will shine a light on the outstanding work and impact of professionals across our field.”

Tickets for the Gala are on sale now, with discounted pricing available for ILFA members.  More information can be found here.

Sentry Expands Free Funding Market Search for Litigators

By John Freund |

Sentry Funding’s free tool enabling litigators to instantly search the funding market on behalf of clients has been expanded.

Sentry’s free ‘decision in principle’ feature enables lawyers to evidence to clients that they have conducted a broad market search, even if funding is not ultimately taken out.

Having deployed £125m in funding across a range of case types, Sentry now has access to an even broader funding marketplace, covering 34 global jurisdictions. Finance is provided by 13 funders, five of which are members of the Association of Litigation Funders.

With the recent addition of Sentry’s first US-based funder, the US offering will now be expanding over the next few months. 

A faster process

Sentry has deployed the latest technology to make the search for funding even easier. 

  • The intuitive application process now only asks questions relevant to previous answers, saving lawyers time.
  • The commercial marketplace has been redeveloped with 63 new data points added to the funder criteria matrix - improving the accuracy of case / funder matching
  • Sentry has also begun building out its AI capabilities, starting with an automated auditing tool for live case progression audits. 

Tom Webster, chief executive officer at Sentry Funding, said:

‘By broadening our reach and speeding up the process, we’re making it even easier for lawyers to raise funding. We’re also giving litigators an easy way to show clients they have fully researched the market, rather than just approaching one or two funders. 

‘The service is free to use, so even if clients decide they do not ultimately want funding or if none is available for that case, for the lawyer, it makes sense to use our “decision in principle” feature, so they can put evidence on file that they did check the market.’

Sentry Funding is an SaaS (software as a service) technology provider that gives solicitors access to a diverse marketplace of litigation funders. It works with solicitors, funders and third-party providers to ensure claimants are getting the most efficient service for their funding needs. 

The Sentry Portal also acts as a case management system that runs a transparent digital case file for solicitors, funders, after-the-event insurance providers, barristers, cost lawyers and other relevant third parties.