Westfleet Advisors has published its fifth annual Litigation Finance Market Report, providing a data-driven overview of the commercial funding industry in the United States from 1 July 2022 to 30 June 2023.
This content is for 1-3 Team Members,
Financial
Nick Rowles-Davies Shares Thoughts on a Post-PACCAR World
A new piece of analysis by Nick Rowles-Davies, founder and CEO of Lexolent, sheds light on the current state of the litigation funding market post-PACCAR.
This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team…
Member Spotlight: Michael Perich
Michael Perich is a Senior Vice President and Head of Litigation Insurance in the Transaction Liability Practice at Lockton. Prior to joining Lockton, Michael spent much of his career working at the world’s largest litigation finance company, Burford Capital, as…
Commission Communication on the draft interpretive notice on the transitional provision of the MiFIR review
On 27 March 2024, the European Commission (Commission) published a draft interpretive notice to provide clarity to market participants on the transitional provision of the MiFIR review.
Background
MiFIR contains provisions to ensure that EU markets in financial instruments are…
Council adopts Daisy Chains Directive
On 26 March 2024, the Council of the EU announced it had adopted the so-called Daisy Chain Directive which makes amendments to the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRMR) as regards certain aspects…
CFPB Addresses ASC Appraisal Bias Hearings and Structure of The Appraisal Foundation
The CFPB published a blog discussing a few key takeaways from a series of public hearings addressing appraisal bias.
For background, the Federal Financial Institution Examination Council’s (FFIEC’s) Appraisal Subcommittee (ASC) has held four public hearings throughout 2023-2024 to facilitate…
The importance of the timing of a termination notice
It is common practice between retailers and wholesalers of petroleum products to continue their lease agreements on a month-to-month basis when the original agreement terminates through the lapse of the contract period. Monthly leases can be terminated on the agreed…
Technology Working Group publishes second report on fund tokenisation
On 26 March 2024, the Technology Working Group – an industry group established by the Government to examine the impact of technology on the UK’s investment management sector – published its second report, entitled ‘Further Fund Tokenisation: Achieving Investment…
FCA publishes finalised guidance on financial promotions on social media
On 26 March 2024, the Financial Conduct Authority (FCA) published finalised guidance (FG24/1) clarifying its expectations on how financial promotions should be communicated on social media by firms as well as others, such as influencers.
Background
The FCA consulted in…
SEC’s Climate Rule Litigation: The Zig and the Zag
There seems to be a development in the litigation filed over the SEC’s new climate rules every few days. So we’ve spared you the daily update. But it seems to be worth blogging once that there is such a thing…