The Top-5 Trends in Class Action Litigation
Class action litigation is a staple of the litigation finance industry, as numerous class actions every year are financed by third party funders. With that in mind, let’s take a look at the top-5 trends for class action litigation…
Garrett Ordower Explains His Transition from Big Law to Litigation Finance
This summer, Garrett Ordower joined Lake Whillans from Wachtell, Lipton, Rosen & Katz. Writing in Above the Law, Ordower explains that it was his inquisitive nature that led him from Big Law to Lit Fin.
Kentucky Enacts ‘Tort Reform Light’
Kentucky has enacted several tort reform measures, which may be dubbed ‘Tort Reform Light.’ The measures do not limit damage payouts, as is the case in some states. Instead, they are designed to prompt a settlement prior to claims reaching the litigation phase.
Data Analytics Firm HP2 eDiscovery Announces New Litigation Finance Service
Apparently lit fin is so popular, that even ancillary businesses are looking to join the party. HP2 eDiscovery principals, Jeff Hatley, Bob Pacheco and Roy Plattel have announced a new service: litigation financing. The data analytics firm is attempting to disrupt the booming lit fin market by venturing into previously uncharted waters for the company….
RD Legal Labelled ‘Predator’ by NFL Concussion Victims’ Attorneys
Christopher Seeger, a lawyer who represented the class of more than 20,000 former NFL players in the $1B concussion settlement case, and co-counsel TerriAnne Benedetto, claim they’ve uncovered evidence that unscrupulous third-party providers are trying to take advantage of former players with significant brain damage….
Hong Kong Formally Adopts Third Party Funding
On June 14, 2017, Hong Kong passed the Arbitration and Mediation Legislation Bill, which formally adopts third party funding in the island’s legal system. An ordinance to the bill, which contains language specifying details surrounding issues like disclosure and a ‘Code of Practice’ will be adopted later this year….
Bentham-Backed Class Action by Flood Victims Against Queensland Government Delayed Until December
Roughly 7,000 Queensland residents will be forced to wait 3 months until December 4th, when their trial against the Queensland government – potentially one of the largest class actions in Australia’s history – finally goes to court….
Unusual Procedural Development in RD Legal Case Involving NFL Concussions
The already haphazard case against RD Legal just got thrown yet another curveball, as the judge presiding in the case referred to a class action suit against the firm to make a procedural ruling….
Ashley Keller of Burford Capital Discusses the PTAB’s Effect on Patent Valuations
This week marks the 6th anniversary of the Patent Trial and Appeal Board (PTAB). Ashley Keller, Managing Director at Burford Capital, discusses how the PTAB is placing negative downward pressure on the value of patents, consequently making litigation to enforce patent protection (as well as R&D to first develop the patent) less appealing….
Longford Capital Closes Fund II at $500 Million
CHICAGO – September 18, 2017 – Longford Capital Management, LP, a leader in the commercial litigation finance industry, today announced the final closing of Longford Capital Fund II, LP (“Fund II”), a $500 million fund focused on investments in commercial litigation finance, making it the largest private equity fund of its kind in North America….
