Category Archives: Premium
Burford Stock Achieves Five-Year Gain of 230%
Investing in stocks is sometimes risky, which makes the rewards that much sweeter. Investors in Burford Capital have much to celebrate, as their stock has risen an impressive 230% in the last five years.
Woodsford Hires IP Advisor
For more than 10 years, Woodsford has provided funding for litigation and international arbitration. The firm prides itself on being a specialist firm with industry expertise in a variety of niche specialties. Woodsford has added two members to its advisory board. The current advisory panel has eight members, including criminal prosecutors, corporate litigators, former high-court judges, and other industry leaders.
Aussie Court Denies Insurance Documents in Class Action
Should a court deny the release of a document if that document is being used to set up a litigation strategy? Australian courts say yes. This is not the first time in recent history that a judge has refused to release confidential insurance documents in a class action case. A similar decision was handed down in April, when a Federal Court refused access to insurance documents in a case against car parts manufacturer, Davantage.
Interpreting ABA’s Best Practices Guidelines
As Litigation Finance has grown, so has industry suspicion over the practice. Some groups are obsessed with the idea that lit fin requires greater oversight and even reform. In August of this year, the ABA distributed its Best Practices for Third-Party Litigation guidelines. This document is the first time the ABA has formally addressed Litigation Finance since 2012.
Legalist Taps Former Judge as New Advisor
Noted litigation funder Legalist has brought on former federal judge Jeremy Fogel to serve on its advisory board. He replaces former federal appeals court judge Richard Posner—whose health issues caused him to vacate his position at Legalist earlier this year.
Litigation Funding Fuels Religious Art Dispute
A contentious legal battle between artist Akiane Kramarik and Carole Corneliuson of Art & SoulWorks is well underway. The artist earned worldwide acclaim after an appearance on the Oprah Winfrey show when she was only nine. Since then, her art has been reproduced and sold around the globe. As financial discrepancies emerged and poor reproductions of Kramarik’s work came to light, legal action was taken to dissolve the business relationship and prevent Art & Soulworks from selling more of Kramarik’s work.
Rebecca Berrebi of Avenue 33 Discusses the Future of Lit Fin
Rebecca Berrebi is a litigation consultant whose firm, Avenue 33 LLC, provides insight and advice to a variety of clients. Her expertise spans many industries and she has clients across the globe—including Europe, Asia, Africa, Latin America, and North America.
Claimant List Grows in Murray Darling Basin Authority Action
The class action process is well underway in the Murray Darling Basin Authority class action. A series of meetings with landholders is being held, which is expected to increase participant numbers significantly. The case is being funded by an unidentified third-party funder.
Test Case on Business Disruption Insurance Moves Forward
Businesses the world over have been waiting to see how business disruption insurance payouts will happen in the wake of COVID. As anticipated, there’s been a massive increase of business interruption claims, as the pandemic forced business closures across the globe. While some countries are improving and slowly opening, others see no end in sight to forced closures and lockdowns.
Manolete Partners Continues its Winning Streak
Manolete Partners is the leading insolvency-focused litigation funding firm in the UK. They recently announced a favorable outcome in one of their larger cases, as part of a trading update.
