Category Archives: Case Developments
LCM-Funded Claim Against DeepMind is Thrown Out by High Court
Representative actions in the UK have often been viewed as strong vehicles for litigation funders to pursue their dual objectives of widening access to justice and delivering significant financial returns on their investments. However, a new ruling from the High Court has demonstrated the risk-on nature of the asset class, as a class action against…
Patent Lawsuit Funding Back in the Spotlight in Delaware
There may be no area of litigation funding that has attracted more headlines and controversy than the area of intellectual property and patent litigation, particularly in regard to court orders requiring the disclosure of third-party funding and patent ownership. This has been most aptly demonstrated in Delaware, as U.S. Chief District Judge Colm Connolly has…
Woodsford-Funded Claimant Awarded £12.6 Million in Damages in Scottish Court
The harmonious relationship between a funder, a law firm and the claimant is at the center of the ongoing success of the litigation finance industry. However, as a recent judgement demonstrates, there are occasions where funders must support claimants who have been failed by their legal counsel, and as a result, lost out on a…
LCM Announces Settlement in Australian Class Action
Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, announces that a settlement (subject to court approval) has been reached in an Australian class action. …
Piper Alderman and Omni Bridgeway File Class Action Against IG Markets Over CFD Products
Recent decades have seen an increase in the scope of retail investing, with advances in technology allowing individuals to trade increasingly complex investment products. However, failures by financial services firms to adequately protect consumers from the risks of this type of investing have prompted lawsuits against these same firms, as a new class action in…
LCM Funds Fashion Label Founder in Trademark Dispute with Katy Perry
When litigation funding is involved in patent or trademark litigation, we most commonly see it associated with cases in the technology sector and in disputes between startup companies and established multinational corporations. However, a recent victory in a trademark lawsuit in Australia saw a prominent commercial funder back a fashion label in a dispute with…
Pending US Supreme Court Decision is a Coinbase Class Action Cliffhanger
Coinbase’s business has been seminal to the legacy of cryptocurrency innovation. As the global digital asset marketplace continues to mature, Coinbase is tiptoeing between a group of class action lawsuits. Now, the United States Supreme Court is deliberating if Coinbase should be protected by mandatory arbitration. …
Funder Files Lawsuit Against Another Funder, Alleging Fraud in Law Firm Financing Dispute
As LFJ recently covered, there is growing enthusiasm among litigation funders to invest capital in portfolio and law firm financing, in addition to the single case funding that is a staple of the industry. However, such engagements do not come without their own risks, as has been demonstrated by a dispute where one funder is…
District Judge Denies Sysco’s Request to Bundle Burford Dispute with Antitrust Claim
Whilst public conflicts between funders and clients are a rare sight, when a major dispute erupts between the two parties it is sure to be a drawn-out affair. The dispute between Burford Capital and Sysco Corporation is proving to be just such a conflict, as Sysco has failed to bundle its motion to vacate Burford’s…
BCLP and Erso Capital Discuss Truck Cartel Judgement
Complex competition litigation remains a venue for high-profile cases targeting major corporations, with some claims receiving the attention of funders eager to capitalise on potentially lucrative judgements. However, even those claims that are not funded by third-parties may provide important lessons that apply to a wide variety of competition and antitrust litigation….
