Validity Finance, one of the largest private commercial litigation funders in the United States, today announced that it has been awarded Certified B Corporation™ (B Corp) status. This recognition acknowledges Validity’s accountability to its stakeholders, including employees, investors, clients, and the communities in which it operates. Since its founding, Validity has been a purpose-driven organization focused on funding meritorious litigation as a corrective measure for an unbalanced legal system, and its new B Corp status reflects this commitment.
Validity Finance is pleased to announce the promotion of Michelle Eber to Director of Patent Investments and Sarah Williams to Director of Underwriting, effective immediately.
Leading litigation funder Validity Finance announced it has expanded to California, adding experienced litigator Mark Chen as portfolio counsel in Los Angeles. Mr. Chen was previously special counsel with Covington & Burling in LA, representing clients in complex commercial disputes, including major intellectual property cases in the entertainment sector. In his new role, he will help assess Validity’s funding opportunities with law firms and businesses in Southern California and the West Coast.
Nearing its fourth anniversary in June, leading litigation funder Validity Finance, announced the arrival of three senior members to its team including a new portfolio counsel for investment review, a new corporate counsel and a first-time marketing officer. Validity also reports the promotion of seven professionals in New York, Houston and Tel Aviv.
Leading litigation funder Validity Finance announced it has expanded to Washington, DC, adding prominent international disputes lawyer Nicole Silver as investment manager. She was previously a shareholder with Greenberg Traurig in Washington, representing governments and corporate clients in international arbitration proceedings, as well as in complex civil litigation, white-collar defense and internal investigations.
Modeling various endgame trajectories is a worthwhile exercise in maximizing client/funder relationships, while mitigating financial risk. Likewise, relationships often evolve over time, and circumstances may call for exploring alternative endgame…
When people serve hard time for a crime that they did not commit, the entire societal fabric suffers. And when the innocent are eventually vindicated, oftentimes they face a difficult re-acclimation process back into normal life. Validity Finance has stepped in to help right these wrongs with a groundbreaking new fund.
Litigation funder Validity Finance has announced that Joyce D. Slocum, currently President and CEO of Texas Public Radio, has joined its board of directors.
With demand for litigation finance continuing to grow among businesses of all sizes, leading dispute funder Validity Finance reports it has raised a new managed fund of $70 million in capital commitments. The newly raised “sidecar” fund further diversifies Validity’s business and advances its experience as an alternative asset manager. To date, Validity’s third-party managed funds total nearly $150 million of assets under management, in addition to its permanent capital base.
Validity Finance is pleased to welcome Harvard law students Marlon Becerra and Shao-Jia Chang for its 2021 Equal Access Fellowship. The program, in its third year, provides a 10-week paid summer fellowship to first-year law students of diverse backgrounds.
Leading litigation funder Validity Finance has selected Harvard law students Marlon Becerra and Shao-Jia Chang for its 2021 Equal Access Fellowship. The program, in its third year, provides a 10-week paid summer fellowship to first-year law students of diverse backgrounds.
Leading litigation funder Validity Finance has expanded its Texas bench with the addition of former Kirkland & Ellis Houston trial partner Sarah Williams. She joins as portfolio counsel in Houston, where she’ll advise on potential investments with particular focus on Texas and the Southwest.
NEW YORK (June 24, 2020) – Leading litigation funder Validity Finance has selected University of Chicago Law School law student Amber S. Stewart for its 2020 Equal Access Fellowship. The program, launched last year, provides a 10-week paid summer fellowship to first-year law students of diverse backgrounds to spend the first half of their summer at Validity learning the basic principles of litigation funding before spending the second half working at the non-profit of their choice. Validity is one of the only funders to provide such a program for first-year law students.
Litigation Funding May Be a Lifeline for Businesses and Law Firms Distressed by Coronavirus Shutdown
The following piece was contributed by Joshua Libling, Portfolio Counsel at Validity Finance, LLC.
Litigation finance has always billed itself as a way of helping meritorious claims regardless of the economic strength of the litigant. The coronavirus pandemic is now exerting enormous and growing stress on law firms and clients. If ever there was a moment for litigation finance to live up to its own hype, this is it. We think it can.
In this episode, we speak with Dave Kerstein, Chief Risk Officer of Validity Finance, and Will Marra, Portfolio Counsel at Validity. Dave and Will discuss the Working Group on Litigation Funding’s response to the controversial NYC Bar opinion, which found that third party funding violates the prohibition on fee sharing. They also discuss the role of litigation funding in today’s stressful economic times, and how the COVID-19 crisis is likely to impact the funding industry.
Understanding the Latest NYC Bar Report on Litigation Funding
Tuesday, March 31, 2020
1:00 pm to 2:00 pm
On this episode, we speak with Laina Miller Hammond of Validity Finance. Laina recently conducted research into the gender pay gap that exists for lawyers. She discusses its root causes, how female lawyers can maneuver within the current system to achieve greater pay equity, and how litigation finance can be leveraged to achieve that very goal.
NEW YORK (September 18, 2019) – Litigation funder Validity Finance continues to build its U.S. investment team while expanding its capital base. The firm announced the arrival of Ronit Cohen, who joins Validity as portfolio counsel. A former trial lawyer who practiced at Simpson Thacher & Bartlett and O’Melveny, Ms. Cohen transitioned to litigation finance in 2012 and spent the past seven years as an investment professional at Bentham IMF.
A new survey by Validity Finance and ALM has yielded some impressive results for litigation funders to harp onto. A full 98% of attorneys surveyed who had used litigation finance at least once in the past said they would do so again, and 93% found their experience to be positive.
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