Tag Archives: therium
Former MEP Argues Malaysia Dispute Reinforces Need for Litigation Funding Regulation
Ever since the publication of the Voss Report and its recommendations for increased regulation of litigation funding in the EU, there has been much debate about what the future of regulatory oversight should look like for this growing industry. In the absence of any updates on the advancement of the Voss Report’s proposal, critics of…
Therium Co-founder Sees Opportunity Amidst Economic Downturn
One of litigation finance’s most attractive attributes as an asset class is its lack of correlation to traditional markets. However, as one leading funder recently pointed out, litigation funding can go even further and benefit from economic downturns due to a correlated rise in litigious activity….
Therium Adds Four Investment Managers To Its Transatlantic Investment Team In London And New York
Therium Capital Management, the world’s leading global provider of legal finance, today announced that it has added four investment managers to its transatlantic investment team, Chris Wilkins and Charlie Temperley in London and Corey Banks and Joshua Card in New York.
Therium Funds High-Profile Claim By Malaysian Royal Heirs
A litigation funding giant has found itself in opposition to the Malaysian government, by funding a lawsuit by the heirs to the Sultanate of Sulu, in a claim valued at $14.92 billion. Whilst high-profile cases are not foreign to the world of litigation finance, it is certainly a unique position for a funder to be…
Guernsey Stands Out As Innovative Hub For UK Funders
The growth of the litigation funding industry in the UK over recent years has not just taken place in the capital, as the Channel Islands of Guernsey and Jersey have become a go-to destination for funders. Major industry players including Burford Capital, Therium and Bench Walk Advisors have all established a number of funds in…
High Court Ruling Suggests Funder Liability Is Broader Than Expected
The extent and scope of litigation funding liability is being questioned, after a High Court ruled the funder was liable for costs predating the litigation funding agreement (LFA).
Therium Found Liable for HSBC Court Fees
The ECU Group Plc recently lost a claim against HSBC Bank, alleging that HSBC was culpable for front running and manipulation of international markets. In a decision that has implications for the funding sector, Therium has been held liable for costs. …
Therium Funds Multi-Billion Pound Action Alleging Truck Cartel Price Collusion
Six producers of big rigs have allegedly conspired in a 14-year scheme to defraud government regulators over emissions mandates. The Competition Appeal Tribunal has approved a £2B claim marking a historic first for United Kingdom collective actions. The Road Haulage Association (RHA) is representing an estimated 18,000 claimants as the beneficiaries of the hopeful award.
Mainstreaming Legal Funding: Good News or Bad?
Third-party legal funding is on the rise, both in terms of major players and client requests. Money is pouring in from investors, and some hedge funds are even funding litigation without input from established litigation funders. But is mainstreaming litigation funding a good thing for industry professionals who already appreciated it before it was cool?
CAT Hearing Will Determine if Class Action in Forex Claim Can Proceed
Banks like Barclays, JP Morgan, and Citigroup may believe that the fines levied against them in 2019 mark the end of a long road, yet that may turn out to be far from the truth.
