Endowments and Pension Funds are Flocking to Litigation Finance
The $11 billion New Mexico Educational Retirement Board (NMERB) has adopted an alternative investment portfolio, believing mainstream assets to be fully priced. New allocations will include investments in reinsurance, assets that tap royalty streams, and – you guessed it – litigation finance….
DreamHost Turns to CrowdJustice to Challenge DOJ Warrant Seeking Anti-Trump Website Visitor Info
Web service provider DreamHost is using crowdfunding platform CrowdJustice to fund its challenge to the United States Department of Justice’s warrant, which seeks information on individuals who visited an anti-Trump website….
In Ominous Sign for Industry, Minnesota AG Files Lawsuit Against Pension Advance Companies
The Minnesota Attorney General has filed a lawsuit against two pension advance companies, alleging that the companies violated Minnesota lending laws by making loans to Minnesota borrowers without being licensed as a lender.
How Lack of Tort Reform Helps Keep America Honest
In an op-ed for The Huffington Post, Benedict Morelli, Founding Partner of Morelli Law Firm, explains why putting caps on damage payouts negatively impacts society at large.
Chancery Capital forms strategic alliance with Vantage
Newly-formed third party funder Chancery Capital has agreed to form a strategic alliance with Vantage, a New York-based investigations company, which will provide funding to judgment and award enforcement proceedings….
Vannin Capital is in Full Expansion Mode
Vannin Capital has opened an NY office, and made overtures towards a further Midwest and West Coast expansion. Vannin recently hired three NYC-based litigators as investment directors….
Is Longford’s Success a Sign of Things to Come for the Whole Industry?
Longford Capital recently set out to raise $250M for a new investment fund. Rumors from fund insiders suggest that the firm has actually managed to raise an impressive $500 million. Longford’s success could be a beacon of things to come for litigation finance….
Therium-backed multibillion pound case against UK truck makers may have another claimant
Greggs, the popular bakery chain, may join a GBP 4 billion class action suit against the Road Haulage Association (RHA). The suit is being funded by Therium Capital….
Travis Lenkner, Managing Director of Burford Capital, speaks with Bloomberg Radio
Burford’s Managing Director, Travis Lenkner, spoke with Bloomberg Radio’s ‘Bloomberg Law’ about his company’s business practices. And what he had to say was especially eye-opening–…
Houston law firm Berg & Androphy files motion to compel in response to alleged obstruction resulting from litigation loan
In a motion filed on August 7th, Berg & Androphy alleges that Virage Capital Partners obstructed the plaintiff’s efforts to obtain evidence relevant to a 2016 lawsuit over an unpaid litigation loan….
