Canadian Law Firm Enlists Litigation Funder in Lawsuit Against Iran Over Downed Passenger Jet
A Canadian law firm is launching a class action claim against the Iranian government in the wake of the government’s admission that it shot down a passenger jet, killing all 176 people on board. 57 Canadian citizens were aboard the flight, and the class action will be filed on their families’ behalf, with help from a litigation funder.
Manolete Partners Releases Investor Presentation
UK-based Manolete Partners has published its latest investor presentation – a 15-minute showcase of the UK insolvency litigation market, and explanation of how litigation funding will benefit lawyers and practitioners in the space.
Litigation Finance Firm BlueWhite Legal Capital Expands Team With Experienced Law And Finance Professionals
NEW YORK, Jan. 22, 2020 /PRNewswire/ — BlueWhite Legal Capital (“BlueWhite”), a privately-held litigation finance firm, today announced that Daniel Stone, most recently with Paul, Weiss, Rifkind, Wharton & Garrison LLP, and Joseph Magnus, most recently with Morgan Stanley, have joined the firm as Managing Directors. Both individuals bring deep expertise in their respective fields of law and finance.
Value in Litigation & Implications for Litigation Finance
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.
Son of Russian Oligarch Challenges Burford’s Funding Agreement
Burford Capital was enlisted by Tatiana Akhmedova, ex-wife of billionaire Russian oligarch Farkhad Akhmedov, to finance her divorce battle and trace the assets of her ex-husband. Tatiana has accused Farkhad of surreptitiously transferring assets into trusts and real estate investments, including the purchase of a Hyde Park flat for their British-born son, Temur. Now Temur has come forward to challenge the legality of his mother’s funding agreement with Burford.
Don’t Expect Missouri to Cap Rates on Funding Any Time Soon
Consumer Legal Funding has been a hot-button issue in Missouri for some time. There has been some concern from industry participants that Missouri may go the way of West Virginia and effectively ban the industry, but it is doubtful the legislature will take up the issue of capping rates on funding transactions in the next legislative session.
Former Boies Schiller Flexner Lawyers Launch Premier Litigation Boutique Roche Cyrulnik Freedman LLP
NEW YORK, Jan. 15, 2020 /PRNewswire/ — Kyle Roche, Jason Cyrulnik and Vel Freedman today announced the launch of a premier litigation boutique, Roche Cyrulnik Freedman LLP (RCF) (www.rcfllp.com). RCF’s 12 former Boies Schiller Flexner litigators, including two equity partners, represent the first breakaway firm from Boies Schiller Flexner LLP since that firm’s inception in 1997.
Baker Street Funding Announces Lawsuit Loans At All Time High
NEW YORK (PRWEB) JANUARY 15, 2020: Baker Street Funding is a legal funding firm located in New York City that specializes in providing plaintiffs and attorneys with pre and post-settlement funding. The driving force behind this organization is Daniel DiGiaimo, the CEO and President. Mr. DiGiaimo has an impressive back-ground in financial services and previously worked at Morgan Stanley, Merrill Lynch and Oppenheimer & Co. Holding a minor in Law and a BA in Finance from PACE University, Mr. DiGiaimo manages all funding decisions and is responsible for the success of the company.
Implications of Portfolio Financings on Litigation Finance Returns
The following article is the first in 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.
RMBL Agrees to Settlement in Litigation Lending Services Class Action
Litigation Lending Services has been funding a Maurice Blackburn-led class action against mortgage lender RMBL Investments, for alleged breach of contract and misleading and deceptive conduct regarding collection charges the company enforced on borrowers. Now, RMBL has agreed to compensate class members to the tune of $3MM.
