One of the latest critiques of the litigation finance industry is that it represents a potential threat to US national security, due to the possibility of foreign governments and entities by funding lawsuits that target American companies and strategic national interests. Whilst there has been scant evidence of this being a tangible issue, a new investigation has revealed that Russian billionaires have been avoiding international sanctions by financing lawsuits in the West.
Audley Capital Appoints Rick Gregory to Executive Board
In a post on LinkedIn, Audley Capital announced the appointment of Rick Gregory to its executive board. Gregory serves as a Director for Audley and is a legal funding specialist, “with over 28 years of experience in legal funding, law firms, insurance, and volume litigation.”
The announcement highlighted Gregory’s vast experience across the legal sector, saying that “his profound understanding of the market, regulatory landscape, and commercial requirements for all stakeholders has paved the way for the implementation of litigation funding across some of the largest volume schemes in the UK.”In addition to his work on the executive board Audley, Gregory is also the co-founder of Legal Intelligence, a legal tech company that provides a range of AI solutions to “drive efficiency, innovation, and scalability, empowering professionals to gain a competitive edge and achieve sustainable growth and client delight.”