Category Archives: Public
Aon Joins The European Litigation Funding Association (ELFA)
The European Litigation Funding Association (ELFA) is pleased to announce Aon’s Litigation Risk Group, the litigation risk solutions arm of Aon’s M&A and Transaction Solutions, has joined ELFA as an associate member.
New research shows GCs seek greater value from legal claims and judgments
Burford Capital, the leading global finance and asset management firm focused on law, today releases new independent research that reveals how businesses are finding solutions to extract greater value from legal claims and judgments, based on a survey of 350 GCs, heads of litigation and senior in-house lawyers in the US, Europe, Asia, Australia and the Middle East.
Embracing Sustainability in Litigation Finance
Gian Marco Solas, Ph.D.2, is a qualified lawyer and academic, and currently serves as the Lead Expert at the BRICS Competition Law and Policy Centre and in private practice, where he advises on the application of physics models in (antitrust) litigation and market & investment modeling worldwide.
Kennedy, Manchin introduce bipartisan Protecting Our Courts from Foreign Manipulation Act to end overseas meddling in U.S. litigation
Sen. John Kennedy (R-La.), a member of the Senate Judiciary committee, and Sen. Joe Manchin (D-W.Va.) today introduced the Protecting Our Courts from Foreign Manipulation Act of 2023 to stop foreign entities and governments from funding litigation in America’s courts.
Landmark New York Court’s Decision Strengthens the Future of Litigation Funding
The following piece was contributed by Guido Demarco, Director and Head of Legal Assets at Stonward.
In a groundbreaking legal battle that pitted Petersen Energía SAU and Petersen Energía Inversora SAU[1] (the Petersen Companies) against the Republic of Argentina, the recent decision by the District Court of Southern District of New York has far-reaching implications for the litigation funding industry. This landmark ruling reaffirms the critical role litigation funders play in providing access to justice, particularly in complex cases involving powerful sovereign entities.
Burford Capital Reports First Half and Second Quarter 2023 Financial Results; Strongest Set of Six-Month Financial Results in Burford’s History
Burford Capital Limited (“Burford”), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three and six months ended June 30, 2023.1 Burford’s report on Form 6-K at and for the three and six months ended June 30, 2023, including unaudited condensed consolidated financial statements (the “2Q23 Quarterly Report”), is available on the Burford Capital website at http://investors.burfordcapital.com.
Certum Group Adds Experienced Litigation Funder, Former U.S. Supreme Court Clerk William Marra as Director
Certum Group, which provides bespoke solutions for companies facing the uncertainty of litigation, has appointed William C. Marra as a director responsible for leading the company’s litigation finance strategy. Marra is a seasoned litigation funder and former U.S. Supreme Court clerk who will help Certum continue its mission of growing and redefining the litigation finance landscape.
Mill City Ventures III, Ltd. Extends Further Credit to Mustang Litigation Funding
Mill City Ventures III, Ltd. (“Mill City”) (NASDAQ:MCVT), a specialty short-term finance and non-bank lender, announced today that it extended an additional $1 million of short-term loan principal to Mustang Funding LLC d/b/a Mustang Litigation Funding (“Mustang”) and refinanced and extended earlier provided short-term loan principal.
An LFJ Conversation with Viren Mascarenhas
Viren Mascarenhas is a Partner in the Litigation and Arbitration Practice at Milbank LLP based in New York. He specializes in construction, commercial and investment arbitration, and has represented investors in investment arbitrations against the governments of Argentina, Azerbaijan, Bosnia-Herzegovina, Bolivia, Ecuador, India, Italy, Mexico, Nigeria, Peru, the Philippines, the Russian Federation, Timor-Leste, Uruguay, and Venezuela.
Litigation Funder LegalPay Closes Rs 12 Crore Interim Financing Bond
LegalPay, India’s first and largest player in the legal financing industry, has announced the successful closure of its Rs 12 crore Interim Financing Bonds.
