4 Rivers Seeking Investors to Fund Fugees Rapper’s Defense Costs
Litigation funding is most often associated with commercial litigation, and primarily focused on plaintiff-side funding, as these are the cases with the surest route to a profitable return on investment. However, a new funding opportunity is looking to break that mould, as 4 Rivers Services is seeking investors to fund the defense costs of a…
Law Finance Group and GLS Capital Revealed to be Funding Patent Infringement Lawsuit
The issue of disclosure is once again front and center in a patent litigation suit. In the US District Court for the District of New Jersey, the identities of the funders of an infringement suit against a Merck & Co. company were revealed….
Manolete Announces Record New Case Investments Amid UK Insolvencies Surge
Given all of the economic and geopolitical uncertainties at play, industry leaders and analysts are expecting insolvencies to continue to rise, which will create opportunities for funders focused on the space. This has been reflected in an update from one of the UK’s leading funders of insolvency litigation, which has announced record new case investments,…
LCM Chief Executive Highlights Opportunities for Insolvency Litigation Following SVB’s Collapse
Insolvency and bankruptcy litigation remain one of the top targets for litigation funders, fuelled by the current economic uncertainty and the prolonged after-effects of the Covid-19 pandemic, which left many businesses in dire financial trouble. The recent implosion of Silicon Valley Bank (SVB) has only added to this fertile environment for insolvencies….
Nevada Senate Committee Debates Litigation Funding Disclosure Bill
Critics of the litigation funding industry have intensified efforts to lobby the federal government to more heavily regulate the practice in recent months, buoyed by examples of courts mandating increased disclosure of third-party funding. These efforts have also found an audience in state legislatures, with the Nevada Senate Judiciary Committee scrutinizing a bill that proposes…
FightRight Technologies Launches New Fund
The Indian litigation funding market continues to stand out as a hotbed of activity for new funding efforts, with startups and legal tech firms looking for opportunities to grab a share of this growing market. There is an equal appetite from investors in the country to secure valuable returns on litigation finance investments, with the…
Dispute Escalates as Burford Sues Sysco
As LFJ reported last week, we are seeing one of those rare occurrences in which a funder and client’s relationship breaks down in a very public and contentious manner, as Burford Capital and Sysco have found themselves in opposition to one another. However, it appears that Sysco’s lawsuit against Burford was only the beginning of…
LCM Releases Interim Results for the Half Year
Litigation Capital Management has released its Interim results for the half year ended 31 December 2022.
International Legal Finance Association Adds Contingency Capital as 20th Member
The International Legal Finance Association (ILFA), the only global association of commercial legal finance companies, today announced that Contingency Capital has joined the organization as its 20th member.
Casting a Worldwide Net: How Litigation Funders Can Leverage Europe’s New Unified Patent Court
The following article was contributed by Lionel Martin (Partner, August Debouzy), Pierre-Olivier Ally (Counsel, August Debouzy), Ben Quarmby (Partner, MoloLamken LLP) and Jonathan E. Barbee (Counsel, MoloLamken LLP).
Europe’s Unified Patent Court (UPC) is on the cusp of launch, confirmed for this June 1, 2023. It has been eagerly anticipated by the patent litigation community across the member states—starting with 17 European countries, but expected to extend rapidly to all of Europe minus Poland, Spain, Croatia, and, most notably, the UK.
The UPC has been long in the making: over ten years have passed since the agreement was first signed. What is to be expected of this new court, and what opportunities does it present for litigation funders?
