As regulatory structures continue to evolve in jurisdictions around the world, global litigation funders are keeping a careful eye on new markets that could represent fruitful opportunities. One such market that has been gaining attention recently is India, which has only been further highlighted in comments by major industry figures at the country’s inaugural Litigation and Insolvency Summit.
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
As regulatory structures continue to evolve in jurisdictions around the world, global litigation funders are keeping a careful eye on new markets that could represent fruitful opportunities. One such market that has been gaining attention recently is India, which has only been further highlighted in comments by major industry figures at the country’s inaugural Litigation and Insolvency Summit.
As reported by BW LegalWorld, the conference held in Mumbai saw Omni Bridgeway’s managing director, Tom Glasgow, highlight the country as a key jurisdiction of interest. Glasgow pointed out that while LegalPay, which hosted the event, has been leading the way in the country, there are a growing number of opportunities for funders looking to explore a more global view, particularly in the realm of ESG investments.
LegalPay’s own founder and CEO, Kundan Shahi, stated that India represents a huge opportunity for funders, and that LegalPay will continue its goal of widening access to justice for those who require third-party funding.
The conference’s roster of speakers also included Karam Advani, managing partner for SEA at Profile Investment, Hiroo Advani, founder of Advani Law, and the entrepreneur and philanthropist, Ashwini Kakkar.
