Balanced Bridge Reaffirms Their Commitment to Focus Exclusively on Post-Settlement Funding
ARDMORE, Pa., March 22, 2019 /PRNewswire/ — Specialty finance firm Balanced Bridge Funding (“Balanced Bridge”), which offers to accelerate fees, awards, salaries, claims, contract earnings, and other future receivables across numerous asset classes, has made a commitment to focus the legal funding portion of their business exclusively on post-settlement funding.
Burford Reaches FTSE-100 Status With Extraordinary Growth
After a recent 10% rise in share price, Burford Capital, the world’s largest litigation funder, clocked in at a $4 billion valuation. That’s enough to rank the company at the bottom of the FTSE-100, and many investors – including veteran fund manager Neil Woodford – feel that Burford is bound to rise even higher….
Are Litigation Funders Liable for Counterclaims Against the Plaintiffs They Fund?
The U.S. District Court for the Central District of California is currently hearing a case that could alter the financial calculus funders utilize when making investment decisions, and in turn drastically transform the nascent litigation funding landscape….
Identical House and Senate Bills Seek to Mandate Litigation Funding Disclosure in Texas
Representative Matt Krause and Senator Pat Fallon put forth identical bills in the Texas House and Senate, respectively. The bills seek to require the Texas Supreme Court to adopt mandatory disclosure of litigation funding agreements in all civil actions….
D.C. Attorney General Pursues Environmental Claim Against Exxon, May Seek Litigation Funding
D.C. Attorney General Karl Racine is in search of outside counsel with an expertise in climate change, signaling that a long-rumored suit against Exxon is in the works. The claim will likely mimic the ‘Exxon Knew’ suits, which allege that the oil giant knew about the link between fossil fuel production and climate change, and…
Litigation funding to double in five years as asset class becomes mainstream: expert
Litigation funding is undeniably becoming a mainstream asset class with the market set to double in the next five years. This is the prediction from Dilip N Massand of Legal Ventures, a UAE based fund by Phoenix Advisors that specializes in emerging markets. It is backed by Dalma Capital, a leading alternative investment manager.
Litigation Funding & The Invisible Gorilla
The following post was submitted by Dean Lipson, Partner of Covered Bridge Capital.
Ever hear of the psychological experiment known as the Invisible Gorilla?[1] It goes like this: You’re asked to watch a brief video of a group of people moving randomly about in a pack. Several of these people are wearing white shirts and passing a ball amongst themselves. You’re asked to count the number of passes that occur. During the video, a person dressed as a gorilla enters the middle of the pack and, while facing the camera, thumps his chest for a few seconds then exits. The video ends and you’re asked to give the number of times the ball was passed. Most likely, you get that right. You’re then asked if you saw the gorilla. Huh, what gorilla? Yes, despite being on-screen for 9 seconds, half of all participants in the experiment never see the gorilla.
SPONSORED POST: Litigation Finance Opportunity for ‘David vs. Goliath’ Case
Loewinsohn Flegle Deary Simon is prosecuting a claim valued at $31m. We are raising $2.3m for return within 12 months, possible additional upside. $450k to close, balance on run rate 30 days net to trial.
The claimant is a single individual plaintiff who is a very credible former investment banker. Claimant is very knowledgeable and is committed to conclusion of the claim. One defendant is a large international financial institution and the second defendant is a highly liquid mortgage loan originator. Case documents are structured finance and real estate. Defendant’s counsel is a national general practice firm, lead defense counsel is 4-year partner. This is a complex financial claim, fact intensive, document case. Documents we hold support an opinion letter from a legal 500 firm at 80% chance of recovery. Damages are supported by preliminary economic expert and other case documents.
Litigation Capital Management (AIM:LIT) announces settlement in principle of litigation project
Litigation Capital Management Limited (AIM:LIT), a leading international provider of litigation financing solutions, announces that a settlement in principle has been reached in respect of one of its litigation projects.
Former Whitebox Advisors Pair Launches $500MM Special Situations Fund; Look to Invest in Lit Fin
Whitebox Advisors duo Cindy Chen Delano and Amit Patel have formed a special situations fund called Invictus Global Management. The Austin, TX-based fund will invest in distressed credit, bankruptcy trade claims and litigation finance….
