Attorneys say Financial Terms are Most Important Factor when Selecting Litigation Funding
For attorneys looking to pursue litigation financing, whether it is for the first time or as a repeat user, these professionals must consider a wider range of factors when choosing the right provider to work with. A new survey reveals some of the most pressing factors and concerns that attorneys are focused on when assessing…
Woodsford to Receive $7.8M from $26M Settlement in Ardent Leisure Class Action
As LFJ reported in August, a class action backed by third-party funding and brought against one of Australia’s largest leisure companies has reached a settlement agreement. New court documents reveal the court’s approval of the settlement, as well as the details of the final payout to the litigation funder….
Examining the Issue of Agency Costs in Litigation Funding
In the ever-present debate around the pros and cons of litigation funding, it is always valuable to step back from highly charged opinion pieces and look at more rigorous academic examinations of the key issues that are contested between third-party funding’s advocates and critics….
Woodsford Sues Hosie Rice Over Unpaid $1.8 Million Award
Whilst disputes between law firms and funders who have worked together on a case are rare, we have often seen that when these fault lines do appear, the path to an amicable resolution can be quite arduous. This has once again been demonstrated through the latest development in the long-running dispute between litigation funder Woodsford…
Woodsford-Funded Piper Alderman Class Action Against IC Markets Reportedly Filed
Australia continues to be one of the top jurisdictions for class actions, with both law firms and funders eager to pursue claims which can open access to justice and secure compensation for consumers and groups who have been poorly treated by companies and institutions….
An LFJ Conversation with Geoffrey White, General Counsel and Chief IP Counsel, SilcoTek
Geoffrey White is General Counsel, Chief IP Counsel, and on the Board of Directors at SilcoTek, a high-tech materials science manufacturing company in the United States. At SilcoTek, Geoffrey balances his role as an attorney, an IP strategist, and a manufacturing executive. He also separately launched Innovative Product (IP) Manufacturing to help commercialize and monetize more innovative ideas (see www.IP-mfg.com).
Swiss Startup Funder Has Ties to Kazakh Man Accused of Money Laundering
Whilst the litigation funding industry has seen significant maturation over recent years, the potential for bad actors to be involved in the industry through new startup companies cannot wholly be eliminated….
LSLA Survey Finds Overwhelming Support for ‘Further Regulation’ of Litigation Funding
As we approach the end of 2023, it is a useful time to reflect on the state of the litigation funding market in the UK and to see how prominent industry groups are thinking about the future of the industry. A preview of an upcoming survey suggests that whilst litigation funding is thriving in terms…
Judge Connolly to Refer Lawyers Involved with IP Edge for Ethics Inquiries
When it comes to contentious relationships between the courts and funders, the ongoing situation in the US District Court for the District of Delaware is perhaps the most notorious. Judge Colm F. Connolly’s efforts to enforce greater disclosure and transparency by funders involved in patent litigation appears to have now entered a new stage, as…
Member Spotlight: Maros Kravec
Maros founded LitFin in 2018 after spending several years as a business director of a successful property development company in Manchester, the United Kingdom. As LitFin’s managing partner, Maros handles its day-to-day activities, business strategy and investments. Lately, his primary focus revolves around LitFin SICAV, a recently established fully-regulated fund, perhaps the first of its kind within the EU area focused on the litigation finance industry.
