Category Archives: Premium
Time Running Out to Join Liti-Link Retrocession Claim
Litigation funder Liti-Link is backing a UK ‘retrocession’ claim against Swiss banks UBS and Credit Suisse. However, British investors only have until the end of this year to join the claim.
Hausfeld Launches London Forex Class Action
Global law firm Hasufeld has decided to launch a claim against a bevy of banks alleging anti-competitive behavior in the London Forex market. Law firm Scott & Scott is already bringing a claim – that one fund by Therium Capital Management. Thus a battle will take place for who gets control of the representative action.
West Virginia Basically Outlaws Consumer Legal Funding
After the state of West Virginia amended article 6N of its Consumer Credit and Protection Act this past summer, the litigation funding industry has essentially been prevented from operating in the state. And that’s exactly what industry opponents were hoping for.
U.S. Hedge Fund Takes £100MM Stake in Burford Capital
A U.S. hedge fund has taken a 5.2% stake in Burford Capital – investing £100MM into the world’s largest litigation funder – which places the fund squarely at odds with Muddy Waters, the investment firm that publicly shorted (and continues to short) Burford.
Bloomberg Surveys Challenges and Opportunities in Litigation Funding Market
As we turn the corner into 2020, Bloomberg Law analyzes the results of its own Litigation Finance Survey to account for the challenges and opportunities facing the industry at this pivotal moment.
Augusta Speaking with Law Firms About Investor Claim Against Neil Woodford
Several law firms have been reported to be considering legal claims against UK investor Neil Woodford’s Woodford Investment Management, which imploded earlier this year after suffering major losses. Augusta Ventures has been in discussion with several firms about the possibility of a legal claim.
Fortress Shuts Vannin’s US Operations and Eliminates Staff
Less than two months after announcing its acquisition of Vannin Capital, Fortress Investment Group has decided to shut down US and Germany operations, trimming Vannin’s staff from 35 down to 16.
LCM Backs Katie Perry in Trademark Battle with Singer Katy Perry
Katie Perry is suing Katy Perry. Confused? It’s simple really: Katie Perry is an Australian fashion designer with her own clothing line. Katy Perry is an internationally famous signer who launched her own fashion line, Katy Perry Collections, which sells clothing in Australia, among other places. Now, with backing from LCM, Katie Perry is suing Katy Perry for trademark infringement.
Thomas Girardi Pays Back Half of His Law Finance Debt
Earlier this year, Thomas Girardi (famed Erin Brockovich attorney) was hit with a $6MM payment order to law firm funder Law Finance Group. Girardi just repaid half of his $6MM outstanding debt.
Augusta Seeks Cover from Costs Order in Airservices Australia Claim
After its failed class action bid against Airservices Australia, Augusta Ventures is seeking to avoid inclusion in a costs order handed down by the court.
