Category Archives: Premium
NFL Concussion Claims Could Jump by $400M
The $1B payout figure was always considered an estimate – and to many experts, a lowball one at that. Well it seems those experts are on the right side of ‘I told you so’ as the NFL is now estimating its total payout in the concussion case settlement could reach $1.4B….
Airbnb Offers Litigation Funding to User Suing New York City
It seems that Airbnb is taking a page right out of Peter Thiel’s playbook. The company is funding a lawsuit against the city of New York, brought by an Airbnb host who claims the city is unfairly targeting him with fines after he spoke out in favor of home rentals at a city council meeting….
How the Fortis Settlement May Actually Discourage Dutch Securities Claims
Law firm Grant & Eisenhofer – financial backers of litigation funder Bench Walk Advisors – recently celebrated the largest-ever shareholder settlement in EU history; a $1.5B payout. One might assume that such an enormous settlement would spur future shareholder litigation in Dutch courts, however the terms of the settlement may actually discourage similar shareholder claims….
NHL Mass Torts on the Horizon
After a federal judge overseeing the NHL concussion case blocked the certification of a class, it appears a series of torts are on the horizon as hundreds of players accusing the NHL of negligence are prepared to bring their cases individually….
Quinn Emanuel and Innsworth Looking into Glencore Bribery and Corruption Allegations
The US Department of Justice recently issued a subpoena to commodity trading and mining company Glencore over alleged bribery and corruption charges. Now law firm Quinn Emanuel and litigation funder Innsworth are exploring whether to file shareholder class actions against the large multinational….
IMF Bentham Seeking Up to $3B from Facebook in Cambridge Analytica Scandal
IMF Bentham recently announced a representative action against Facebook on behalf of Aussies whose privacy was breached as a result of the Cambridge Analytica scandal. That action could net claimants as much as $3B, should the estimated 300,000 Aussie victims of the data breach all materialize….
Forget Hong Kong and Singapore, the Rest of Asia is Ripe for Third Party Funding
Hong Kong Singapore, Hong Kong Singapore… when funders discuss Asian markets, it’s all they seem to talk about. With good reason, I suppose. But that won’t be true for very long. As global funders flush with capital look to expand their footprints ever further afield, nearby jurisdictions where third party funding (TPF) is either not prohibited…
Burford CEO Christopher Bogart Challenges the ‘False Narratives’ of Mandatory Disclosure
It’s no secret that the U.S. Chamber of Commerce has been on the offensive against the Litigation Finance industry for years. Their initial proposition – via the Institute for Legal Reform (ILR), a separately-incorporated affiliate – was the Litigation Finance be banned outright. When that didn’t pan out, the Chamber requested a federal regulator to…
Keller Lenkner Co-Founder Travis Lenkner Touts Nomination of Former Boss Judge Kavanaugh to Supreme Court
Travis Lenkner, founding member of Gerchen Keller Capital, which was acquired by Burford Capital last year, and co-founder of Chicago-based no-win / no-fee boutique law firm Keller Lenkner, has been making the media rounds lately in support of his former boss Brett Kavanaugh – President Trump’s pick to succeed Justice Kennedy to the Supreme Court….
Squire Patton Boggs Looks to Add Fraud and Deceit Claims in Fitch Class Action
A Squire Patton Boggs attorney traded barbs with a Fitch barrister during an interlocutory hearing on the law firm’s attempt to add Fraud and Deceit charges to the class action filed against Fitch ratings agency. The underlying action – funded by International Litigation Funding Partners – alleges that Fitch gave false ‘AAA’ and ‘AA’ ratings…
