Tag Archives: litigation funders
Former MP Argues for Increased Regulation of Funders Involved in Collective Actions
Whilst the current collective action regime has been viewed as a net positive for law firms and litigation funders in the UK, there are outside observers who argue that the current system benefits these players more than the consumers and organizations represented in the legal actions….
High Stakes for UK Funders in Upcoming Supreme Court Decision
At last week’s litigation funding conference held by Brown Rudnick, the topic of collective actions in the UK generated an interesting discussion, with panelists noting that the upcoming Supreme Court decision could impact the entire third-party funding industry. As LFJ reported last month, the DAF appeal resulting from lawsuits brought at the Competition Appeal Tribunal…
Rise in Interest Rates Poses Challenges for Litigation Funders
While many industry observers have noted that the current state of the market (inflation, rising interest rates) may result in higher levels of litigation and associated funding activity, there will no doubt be difficulties for funders who struggle to raise capital in this environment….
Funding Industry Faces Challenges Ahead
With the two high-profile examples of Lionfish and Novitas Loans having recently made headlines for their struggles, industry analysts and leaders are offering a cautionary perspective on those who see the practice as a guaranteed path to success….
Litigation Funders Win Dismissal of Claims Brought in California Bankruptcy Court
Whilst litigation funders are most often the ones financing plaintiffs’ claims, occasionally they may find themselves on the receiving end of litigation and having to fight their own cases. In an update to an ongoing dispute in California, two litigation funders have successfully won a dismissal of all claims against them regarding allegations that they…
UK Lawyers Anticipate Lawsuits Over Pension Fund Crisis
As LFJ reported last week, the UK financial services sector is bracing itself for a surge in litigation this year, as leading British banks look to be on the receiving end of a wave of class actions. However, this may not be the only driver of litigation activity for financial services entities in 2023, as…
Funders See Opportunity in Class Action Suits Targeting UK Banks
As LFJ reported earlier this week, the UK has experienced a surge in class action lawsuits over the last year, and there are no signs that this trend is slowing as we begin 2023. Whilst Big Tech companies were identified as one of the main targets in our previous article, new research suggests that the…
Confidentiality and Litigation Funding Agreements in the U.S.
The use of litigation funding has been seen by many as a method for equalizing the balance between plaintiffs and defendants, providing the needed capital to enable parties to seek legal redress against larger and more well-financed entities. However, some legal analysts are concerned that despite its growing role in the litigation area, third-party funding…
Litigation Funders Driving Anti-Competitive Class Actions in UK
Following on from LFJ’s reporting last week that highlighted new research which demonstrated the growth of class actions in the U.S., similar trends are also taking hold in the UK, according to an upcoming study by Thomson Reuters. At the heart of this rise in the volume and value of class actions in Britain is…
RNC Funding of Trump’s Legal Campaign Undermines GOP State AGs’ Attack on Litigation Funding
Litigation Finance Journal recently reported on a group of 14 state attorneys general that have called for action from the Department of Justice to review potential threats to U.S. national security from foreign adversaries’ engagement of litigation investment. Litigation funders and industry advocates have new ammo in response to the AGs’ claims, given recent news…
