Category Archives: Commercial
Legal Experts Share Guide to Choosing the Right Litigation Funder
The expansion of litigation funding around the globe and the concurrent increase in the number of funders has meant that there are now more options than ever for litigants or law firms seeking third-party funding. However, that increased choice also means that it will become harder for first-time users of litigation funding to know which…
An Overview of Third-Party Funding in Mainland China
The global growth of litigation funding has funders, law firms and other interested parties all looking to see where the next major market could be for the widespread adoption of third-party funding. Whilst individual jurisdictions such as India or broader regional markets like Latin America are often discussed, one market that remains enticing, yet illusive,…
Omni Bridgeway’s Giacomo Serra Zanetti Discusses Italian Expansion
Despite the looming spectre of potential regulation affecting the litigation funding industry in Europe, it seems that third-party funding is continuing to grow in activity across a wide variety of European jurisdictions. One country that has experienced a surge in new activity is Italy, with domestic startup funders emerging to take advantage of local opportunities,…
Deminor and Grimaldi Alliance Discuss New Partnership
The relationships between law firms and funders are key to the success of the litigation finance industry, whether around the funding of individual cases or wider-ranging partnerships. Last month saw the announcement of a new approach to this relationship, as litigation funder Deminor and Italian law firm Grimaldi Alliance entered into a global partnership….
Louisiana Advances Legislation to Regulate Litigation Funding
The push for increased regulation of litigation financing across several US states has been gaining momentum this year, with new bills announced, and in some states like Montana, those bills being signed into law. This campaign does not appear to be losing steam, as the Louisiana legislature has advanced its own regulatory bill. …
Fortress Management and Mubadala to Acquire Fortress Investment Group
Fortress Investment Group (“Fortress”) and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have entered into definitive agreements to acquire 90.01% of the equity of Fortress that is currently held by SoftBank Group Corp. (“SoftBank”), who have been the owners of Fortress since 2017. Terms of the deal were not disclosed, and the deal is subject to customary closing conditions and regulatory approvals.
Catalonian Fintech Targets Litigation Funding Opportunities in the UK
As litigation funding is predicted to continue its impressive growth, it is perhaps no surprise that beyond the traditional cohort of funders, small fintech companies are starting to look to the sector as a lucrative investment opportunity. Another example has reinforced this trend, as a Spanish fintech is entering the world of litigation funding with…
Former MEP Argues Malaysia Dispute Reinforces Need for Litigation Funding Regulation
Ever since the publication of the Voss Report and its recommendations for increased regulation of litigation funding in the EU, there has been much debate about what the future of regulatory oversight should look like for this growing industry. In the absence of any updates on the advancement of the Voss Report’s proposal, critics of…
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…
