Category Archives: Premium
Funders and Law Firms Report Increasing Demand for Third-Party Litigation Financing
Over the last year we have seen many predictions that the litigation finance industry will benefit from the current economic uncertainty around the world, with rising inflation and supply chain issues putting a strain on corporate budgets in every sector. A new article suggests that these forecasts were broadly correct, as many funders are reporting…
California Legislature’s Litigation Finance Bill On Hold Until 2024
As we have seen in recent weeks and months, there has been accelerated momentum behind state legislatures moving forward with legislation to govern and more heavily regulate the use of third-party litigation funding at the state level. However, in an unexpected turn of events, it appears that California’s proposed bill to impose stricter guidelines on…
Mastercard Class Action Representative Discusses State of Collective Redress
The UK’s collective redress regime has received significant attention for its positive developments in recent years, and particularly for the involvement of litigation funders in supporting collective claims against large corporations. At a conference in London this week, the class representative for the high profile claim being brought against Mastercard spoke about the current state…
An Analysis of Litigation Funding’s Potential Growth in Italy
As LFJ reported last week, we are seeing more and more evidence that litigation funding is becoming more widely adopted in Italy and is being put forward as a capital solution for a wide range of litigation across the public and private sector. A new article looks at the potential future for the litigation financing…
Opportunities and Challenges for Litigation Funding in India
When discussing the future growth of litigation funding in new jurisdictions around the world, India is often highlighted as one of the most attractive opportunities, given the size of its economy and the associated scope of its litigation market….
Woodsford-Funded Claimant Awarded £12.6 Million in Damages in Scottish Court
The harmonious relationship between a funder, a law firm and the claimant is at the center of the ongoing success of the litigation finance industry. However, as a recent judgement demonstrates, there are occasions where funders must support claimants who have been failed by their legal counsel, and as a result, lost out on a…
LCM Announces Settlement in Australian Class Action
Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, announces that a settlement (subject to court approval) has been reached in an Australian class action. …
Montana Enacts New Legislation Regulating Third-Party Litigation Funding in the State
Calls for increased regulation of litigation financing have traditionally been aimed at national governments, with lobbying efforts focused on enacting nationwide changes to impose stricter oversight on the practice. However, the last few months have demonstrated that these efforts may be finding more success in individual states, as just last week, Montana became the latest…
Increased Use of Litigation Funding in Cross-Border M&A Disputes
Litigation funding continues to see wider acceptance and adoption by claimants in a wide variety of disputes, with funders bringing capital and expertise and experience in complex litigation to the table. Recent research by Dentons Canada has supported this and found that in the world of cross-border post-M&A disputes, litigation funding services are increasingly being…
Piper Alderman and Omni Bridgeway File Class Action Against IG Markets Over CFD Products
Recent decades have seen an increase in the scope of retail investing, with advances in technology allowing individuals to trade increasingly complex investment products. However, failures by financial services firms to adequately protect consumers from the risks of this type of investing have prompted lawsuits against these same firms, as a new class action in…
