Category Archives: Premium
Third Party Funding Code of Conduct in Hong Kong to Come into Effect February 1st
Hong Kong is set to enact its Code of Practice of Third Party Funding of Arbitration on February 1st, 2019. These reforms place Hong Kong in line with other prominent international arbitration jurisdictions, and will likely have a significant impact on the broader arbitration climate in the region….
How a Supreme Court Decision on Fair Use in APIs Could Open the Floodgates for IP Claims
The 2010 Oracle v. Google lawsuit over fair use of APIs made its way to the Federal Circuit in March of last year. To the surprise of many, the Federal Court declared that APIs are not protected under fair use. Google has vowed to appeal, which means the Supreme Court could very well decide the issue this year. The…
Class Action Funding in the EU
The explosive growth of litigation funding has led to a boom in the class action market. Recently, a panel of experts gathered to discuss class action funding in the EU, including how we got to where we are today and where we might be headed in the near future….
Hedge Funds Showing Increased Interest in Litigation Claims
It’s no secret that over the last several years, Wall Street has been pouring money into the litigation space – whether indirectly by capitalizing litigation funders, or directly via their own investments into the space. However the recent revelation of Baupost Group’s $1 billion purchase of legal claims against utility company PG&E illustrates both the…
Ex-Litigator Discusses Transition from Big Law to Litigation Funding
Three years ago, Marla Decker was a Senior Associate at Cleary Gottlieb. She left that enviable position to undertake the risk of becoming the first full-time employee at Lake Whillans, an upstart US-based litigation funder. Today, Lake Whillans is one of the premier funding entities in the nation, having recently raised $125MM and being named one…
In-House Counsel Discusses Value of Litigation Funding
Nancy Saltzman, former Executive Vice President, Chief Compliance Officer and General Counsel to NY-based operations management and analytics firm EXL Group, discussed the value of litigation finance to corporations, and how the instrument is influencing corporate legal spend….
Vannin Capital Launches $21M Lawsuit Against Famous Australian Businessman Over Unpaid Debt
Vannin Capital has purchased the debt owed by a pair of businesses managed by prominent Aussie businessman Clive Palmer. The global funder has now launched a $21M lawsuit in a bid to press the highly-litigious Palmer to pay his dues….
Gilbert + Tobin Assists IMF Bentham on Debt Restructure
Gilbert + Tobin (G+T) has aided IMF Bentham on its debt restructure, which comes subsequent to the fund raising $74.5M of equity capital….
What to Expect from International Arbitration in the UK, EU and Globally in 2019
Global litigation finance and international arbitration are inextricably linked – with the former being legalized for use in the latter in both Singapore and Hong Kong (many believe as a test case for eventual broader expansion). With that in mind, it’s worth considering what lies ahead for the international arbitration sector. Read on to find…
‘Access to Justice’ Becoming Hot Buzz Term in Broader Legal World
We all know the various economic incentives for the utilization of third party funding, but its the moral incentive that carries the most sway with the public at large (and perhaps the lawmakers who are currently mulling over regulation of the industry). That moral incentive is enshrined in the term ‘access to justice.’ Quite simply,…
