Commercial

News and analysis dedicated to the commercial litigation funding sector including regulatory issues, case developments, funding activities, and more.

Commercial

2496 Articles

Lexolent Announces Groundbreaking Launch of LexHub: A Revolutionary Platform for Legal Finance Professionals

By John Freund |

Lexolent, the trailblazing force in the legal finance industry with offices in Dubai and London, is thrilled to announce the forthcoming launch of LexHub, the world’s first online platform for legal finance professionals. Scheduled to go live on Monday, January 8th, LexHub represents a seismic leap forward for the industry, offering a unique one-stop-shop experience for legal professionals worldwide.

Member Spotlight: Davide De Vido

By John Freund |

Davide De Vido is an Italian lawyer with more than 20 years of experience in commercial litigation. In 2019, Davide has created FiDeAL® with the aim to import the tool of litigation funding in Italy and democratize access to justice for every individual, company or entity to pursue meritorious disputes.

LitFin Capital, in cooperation with WOOD & Company, launched a unique fund of qualified investors

By John Freund |

LitFin Capital, a Prague-based litigation finance provider and one of the largest players in Europe, has enriched the investment landscape by launching one of the first qualified investor funds for litigation finance in continental Europe. Developed in partnership with WOOD & Company, a major Czech investment firm, this innovative fund presents a unique opportunity for investors seeking uncorrelated market returns.

Montauk Metals Obtains Litigation Funding Against the Republic of Colombia

By John Freund |

Montauk Metals Inc. (TSX-V: MTK) (the “Company” or “Montauk”) is pleased to announce that it is been advanced US$200,000 (the “Loan Amount”) pursuant to the loan and option agreement (the “Loan Agreement”) with Omni Bridgeway (Fund 5) Canada Investments Ltd. (“Omni”), as previously announced in its news release on November 9, 2023. The Loan Amount was advanced to the Company in connection with the execution of promissory note by Montauk in favour of Omni (the “Note”).

Omni Bridgeway Announces First Close of Funds 4 and 5 Series II Capital Raising

By John Freund |

Omni Bridgeway Limited (Omni Bridgeway) (ASX:OBL) is pleased to announce the first close (First Close) of capital raising for the second series of its core funds, Fund 4 and Fund 5 (Series II), with existing investors on improved cost coverage terms achieved through transaction fees (Transaction Fees). Each Series II fund is capped at US$500 million, and Omni Bridgeway will continue to be a 20% co-investor.