Category Archives: Premium
COVID’s Impact on Litigation Funding
It cannot be denied that COVID-19 has impacted every aspect of our lives. Yet one tried and true concept is leading the way in bringing the Legal Services world back to normalcy: Litigation Finance.
Channel Islands See Increase in Litigation Funding
Litigation Finance is poised to experience a boom in demand as the world tries to recover from COVID-19. Rampant financial uncertainty creates a need for the funding that insures access to justice for those of few means. Funders are well-capitalized, and preparing to sift through cases to find those with the best chances of success. This is all very similar to what the legal world experienced during the 2008 financial crisis.
PFAS Class Action Settlement Leaves Some Disappointed
PFAS chemicals commonly found in the foam used to fight fires are toxic. They can devastate vegetation and wildlife and be passed from mother to child via breast milk. Yet PFAS foam was used in emergency responses, and during training until roughly 2004. Those who live, work, or own property in the impacted areas contend…
Litigation Funders Enter Talks with Sargon Capital Liquidators
Australian asset management company Sargon Capital Ltd has seen better days. Sales that would have rescued parts of the company from insolvency have failed to materialize. Liquidation and recovery efforts are ongoing. Accusations of failures to disclose have materialized, along with the desire for liquidators to interview Sargon directors at length. As of February of this year, administrators Stewart McCallum and Adam Nikitins from EY began breaking up the formerly cutting-edge company.
Money & Co’s Nicola Horlick Explains Her Investment Approach
Even before the global pandemic, Nicola Horlick was proceeding with caution. The British investment fund manager was already preparing for a Brexit-related economic slide even before news of the Coronavirus hit….
Nigerian Case Exposes Weaknesses in Asset Recovery Law
Asset recovery is a tricky business in the best of times. When financial professionals misappropriate funds for their own gain, they can be remarkably clever about hiding it. Such was the case with the Federal Republic of Nigeria as they pursued a case against Shell and Eni regarding the OPL 245 deal….
Southern Response’s Desperate Attempt to Avoid Opt-Out Class Action
Government-owned entity Southern Response is engaged in a last-ditch effort to avoid an opt-out class action over allegations regarding earthquake insurance settlement claims. Policyholders have asserted that Southern Response withheld information allowing them to underpay when settling claims related to the Canterbury earthquake.
Russian Oligarch’s Son Loses Bid to Hide Assets from Mother in Burford-Funded Case
The largest divorce settlement in Britain’s history is not over yet. Temur Akhmedov recently lost his effort to keep his money secret from his step-mother—who is still attempting to gain the award settlement from her divorce. Tatiana Akhmedova is utilizing litigation funding from Burford Capital as she pursues her claim.
Curiam Capital Director Discusses Litigation Finance
Lauren Bernstein joined Curiam Capital LLC in March 2019. Her experience spans more than a decade. In this interview, she discusses starting her own business in 2014, why she chose to work in Litigation Finance, and how COVID impacts several parts of her life.
Key Takeaways from LFJ’s Digital Conference on Covid’s Impact on Consumer Legal Funding
On June 11th, Litigation Finance Journal held a special digital conference on Covid’s impact on the Consumer Legal Funding industry. The panel discussion was moderated by Dan Avnir, Managing Director at Bryant Park Capital. Panelists included Eric Schuller, President of the Alliance for Responsible Consumer Legal Funding (ARC), Kevin Confoy, Chief Risk Officer of GloFin, Paul Galsterer, Founding Partner of The Injury Firm, Lawrence Yablon, Partner at Robinson Yablon PC, and Anthony Sebok, Professor of Law and Co-Director of the Jacob Burns Center for Ethics in the Practice of Law at Benjamin N. Cardozo School of Law.
