LexFinance announced a favorable partial award in a US$ 28 billion arbitration against Brazil and for the benefit of Petrobras.
Google Ordered to Disclose Emails in Russian Divorce Case
A record-setting divorce settlement is still in contention as Google is ordered to turn over the emails of a private citizen. Temur Akhmedov, son of a late oligarch Farkhad Akhmedov, has been fighting the release of funds from his step-mother’s divorce settlement of about $600 million. Her case is being funded by Burford Capital.
Navigating the Ethics of Third-Party Legal Funding
Geraldine Clark, former president of the Law Society in Ireland, has a lot to say about navigating the professional ethics of litigation funding. Referring to the resurgence and growth of the practice as “the wild west,” Clark focuses on the obligations of those attorneys who would encourage or facilitate utilizing the practice.
Questions on Viability of Litigation Funding Remain After Supreme Court Ruling
The recent Bluberi decision regarding litigation funding arrangements is still making news. The decision, which approved the use of litigation finance in a Canadian insolvency case, was appealed after a reversal by the Quebec Court of Appeal. In May of this year, the reversal was rescinded and the lower court ruling was upheld.
Phi Finney McDonald launches in London
Phi Finney McDonald, a specialist collective action law firm, are launching an office in London. With offices currently in Melbourne and Sydney, Australia, Phi Finney McDonald has an unparalleled reputation for driving competition and innovation in the Australian class action and litigation funding markets. Its repeat clients include some of the largest and most influential pension schemes, private investors, sovereign wealth funds, and investment platforms across the Asia Pacific, North America and Europe.
Oasis Financial Proudly Supports the Truth Hope & Justice Foundation
On November 20, 2020, Oasis Financial became a proud supporter of the Truth Hope & Justice Initiative, a social justice movement designed to mobilize and support mothers from across the country who have lost loved ones to police violence. Oasis Financial is one of the nation’s largest providers of pre-settlement and medical funding, which helps plaintiffs in a lawsuit recover physical and financially from an injury that wasn’t their fault.
Litigation Finance Specialization: Focus on Public Sector Entities
The following article is part of an ongoing column titled ‘Investor Insights.’
Brought to you by Ed Truant, founder and content manager of Slingshot Capital, ‘Investor Insights’ will provide thoughtful and engaging perspectives on all aspects of investing in litigation finance.
Insolvency 2020: Takeaways from Burford Capital Webcast
Legal finance products may seem daunting to those who lack experience with them. However, understanding the negotiation, documentation, and disclosure processes can be as simple as listening to the experts.
Investment Review 2020: Yieldstreet
Yieldstreet is touted as a Financial Tech company that leverages the power of the internet to make a unique contribution to investment. Its focus on alternative investments includes placements in Litigation Finance, marine vessel acquisition, deconstruction, and real estate, among others. The overall impression is that Yieldstreet can provide excellent returns with alternative investments, though their fees are higher than one might expect.
Banker Accused of Illegally Sharing Confidential Files with Russian Oligarch’s Ex
Ross Henderson, formerly at Goldman Sachs, has been accused of handing over confidential financial documents to Tatiana Akhmedova, the former wife of a Russian oligarch, and her litigation funders: Burford Capital. He is now facing a criminal investigation led by the Swiss police.
