Tag Archives: litigation funding
Law Professor and Funder Offer Response to House Hearing on Litigation Funding
Although calls for the regulation of third-party litigation funding are neither new nor uncommon, as LFJ reported earlier this month, a hearing in the US House of Representatives placed these familiar critiques within an explicitly political lens….
Burford Co-COO Discusses the Evolution and Future of Litigation Funding
The frequent calls for more stringent oversight and regulation of litigation funding across various jurisdictions can be viewed as a recognition of the fact that the industry is increasingly becoming a staple feature of the legal market. This view has been reflected in a recent discussion with one of Burford Capital’s most senior leaders, emphasizing…
Opportunities for Intra-EU Treaty Award Enforcement in the UK
Whilst it does not receive as much coverage as patent litigation or class action funding, the opportunities for litigation funders around investment treaty disputes are becoming increasingly tangible. As we have seen in the last year, whether it is disputes around bilateral investment treaties or the Energy Charter Treaty, one of the most important considerations…
The Flaws of Using Plaintiff Bias to Justify Litigation Funding Disclosure
The issue of transparency and disclosure in litigation funding, especially within patent infringement lawsuits, appears to be here to stay, as the last year has displayed increasing efforts from defendants and certain judges to enforce stricter requirements for funding disclosure. Whilst one of the most asserted arguments is that increased disclosure is necessary to uncover…
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.
House Committee Hearing Sees Representatives Spar Over Litigation Funding
As LFJ reported last week, litigation funding has once again found itself in the crosshairs of critics and lawmakers, with the House Committee on Oversight and Accountability holding a hearing on the industry to ‘examine how left-wing activists have hijacked America’s legal system’. …
House Oversight Committee Announces Hearing to Investigate ‘Left-Wing Activists’ Use of Litigation Funding
Opposition to the use of litigation funding and calls for increased regulation of the industry are not uncommon, but have traditionally focused on claims that the practice incentivizes frivolous litigation, or that the lack of transparency is damaging to the judicial system. However, a new hearing announced in the US House of Representatives takes on…
Funders of Suspended Law Firm Seek to Join Disciplinary Case
Moving beyond single-case funding and actively supporting law firms through direct funding is certainly a tempting prospect for many funders, creating new avenues for lucrative returns on their investments. However, as LFJ recently reported, these investments can be risky where the funded law firm faces financial difficulties, or in this example, where the firm is…
Key Takeaways from LFJ’s Town Hall on How Litigation Funders Should Respond to the UK Supreme Court Ruling
Wednesday, August 9th, LFJ hosted a panel of UK-based litigation funding experts who discussed the recent UK Supreme Court decision, and the potential impacts on the funding industry. The expert panel included: Nick Rowles-Davies (NRD), Founder of Lexolent, Neil Johnstone (NJ), Barrister at King’s Bench Chambers, and Tets Ishikawa (TI), Managing Director at LionFish. The panel was moderated by Peter Petyt (PP), Founder and CEO of 4 Rivers Services.
Impact of Supreme Court Judgement on Litigation Funding for Insolvency
The full impact of the UK Supreme Court’s decision on litigation funding agreements (LFAs) may not be felt for some time, with industry commentators ranging in their forecasts from cautiously optimistic to extremely concerned. However, whilst much of the coverage has been directed at what the overall impact will be on the litigation finance industry,…
