Category Archives: Regulatory Issues
Opening IMN Panel Discusses Regulation and Education Amidst Industry Growth
IMN’s International Litigation Forum began today with a panel moderated by Jason Woodland, Partner at Peters & Peters Solicitors LLP. Panelists included David Greene, Co-President of CORLA, Erik Bomans, CEO of Deminor, Paul De Servigny, Investment Manager at IVO Capital Partners, Ana Carolina Salomão Queiroz, Partner at Pogust Goodhead, Polly O’Brien, Partner at Schulte Roth…
Litica Argues for Increased Awareness of ATE Insurance Among Litigators
ATE insurance has been a well-established product for the last two decades in the UK, and its use in other jurisdictions is beginning to pick up speed. Following the announcement of class-action regulations being rolled back in Australia, one leading provider of ATE insurance suggests that litigators need to be at the forefront of putting…
Canadian Litigation Funding Leaders Argue Against Increased Regulation
The evolving state of litigation finance regulation continues to be a key issue for funders around the world, and while the demand for third-party funding is on the rise, certain jurisdictions are looking to tighten regulatory oversight of the industry. …
Defense-Side Funder Faces Cost Order in Australian Case
While the vast majority of litigation funding continues to be devoted to financing actions by plaintiffs, there has been a noticeable increase in firms discussing and actively pursuing defense-side funding. However, as a recent case in Australia is demonstrating, this kind of third-party funding is not without its challenges, and may represent a risky proposition…
Ask the Experts: What to Do When Deals Go Wrong
In the final panel of the conference, Michael Kelley, Partner at Parker Poe, moderated a discussion on lessons that can be learned from past deal issues. Panelists included Chip Hodgkins, Managing Director of Statera Capital, Tracey Thomas, CEO of IP Zone, and Erika Levin, Partner at Fox Rothschild.
Best Practices and Lessons Learned in Firm-Funder Partnerships
This Day 2 panel featured Alex Chucri, CEO and Founder of Pravati Capital, Vincent Montalto, Partner at DLA Piper, and Ronald Schutz, Partner at Robins Kaplan. The panel was moderated by Kathryn Boyd, Partner at Hecht Partners.
Class Action Regulatory Reform Opens the Door to Litigation Funding in Western Australia
As LFJ reported earlier this month, the Australian federal government is looking at rolling back some of the more stringent regulations on litigation funders in the country. This liberalising tone at the national level seems to also be reflected at the state level, as Western Australia looks to rework its regulatory framework for class actions,…
Law Firms and Funders Criticise Proposed EU Regulations
As LFJ reported last week, the EU parliament’s decision to adopt a report which proposes increased regulation across the litigation funding industry may be a defining moment for the European market. Unsurprisingly, since the announcement, we have seen funders and lawyers alike criticise the proposed reforms as a backwards step for those seeking to widen…
US Government Agencies look to Re-examine Disclosure Requirements for Litigation Funders
Recent court cases in the US have repeatedly raised the issue of disclosure for litigation funding, with growing calls across the judicial system to increase transparency in legal proceedings where third-party funding is present. The spotlight on disclosure is only set to intensify, with ongoing studies by federal agencies and requests by industry bodies for…
Irish Government set to Propose Legalising Third-Party Funding for Arbitration
As the demand for commercial legal funding continues to grow, more and more jurisdictions are looking to embrace it as an option for those seeking access to justice. In an encouraging sign within Europe, government officials are sending positive signals that Ireland may be the latest country to open up its legal system to third-party…
