Litigation Finance Journal

Latest from Litigation Finance Journal - Page 2

It’s no secret that litigation funding has its share of detractors. Some are still suspicious of the increasingly regulated practice, despite evidence that it’s a net gain for clients, legal teams, investors, and those who have been harmed by a well-monied entity. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single…
We tend to think of legal funding as a tool used by the ‘Davids’ in a David v Goliath matchup. Increasingly, however, litigation funding is being used in divorce cases. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single Subscription, Additional 1 User, Additional 2 Users, Additional 3 Users, Additional 4…
An important precedent was set recently, involving a decision in LCM Operations Pty Ltd in the matter of 316 Group Pty Ltd (in liquidation) 2021, and the use of documents produced in an examination. What exactly happened? This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single Subscription, Additional 1 User, Additional 2…
It’s been said that non-pharma-related patent litigation tends to focus on a few big companies. Most are consumer-facing brands with their own retail outlets, though certainly not all. Those who make a career out of being a non-practicing entity (NPE) know who they are and how to target them. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member),…
The financial uncertainties brought about by COVID are one driver for the increased use of third-party legal finance. Businesses are becoming insolvent in record numbers. Even those with strong cash reserves are burning through them at unprecedented rates. How does legal funding help? This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock,…
Singapore’s Ministry of Law announced last month an extension to its existing framework of laws impacting litigation funding. The extended framework will expand the types of proceedings that may utilize third-party funding. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single Subscription, Additional 1 User, Additional 2 Users, Additional 3 Users,…
AxiaFunder is a new and innovative investment platform that focuses on litigation funding as an asset class. Founded by Cormac Leech, the UK startup caters to sophisticated investors. UK Investor Magazine explains that as an asset class, the main strength of litigation funding is its lack of correlation to the larger market. For the most part, the need for litigation is not dependent on any specific economic conditions. The following are some key takeaways from…
Legal-Bay, The Pre Settlement Funding Company, announced today that they are preparing their underwriters for an increase in personal injury applications over the coming months. The first half of 2021 saw an unprecedented number of claims filed, and now that summer is well underway with crowds of people getting out and about, they expect to see even more. Legal-Bay is expanding their personal injury settlement loan department in order to accommodate plaintiffs who would rather…
Complaints against third-party litigation funding tend to focus on a few oft-repeated points. Increased litigation, class actions in particular, ostensibly cause insurance rates to rise. Funders aren’t always required to disclose their funding agreements, ostensibly hiding a potential conflict of interest. Finally, funders are blamed for a supposed increase in frivolous actions—even though no funder wants to take on a case without merit. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team…
It’s estimated that a class action in Australia may assist developers with their restoration and replacement costs. This case is expected to be the largest in the nation in 2021, as it involves more than 3400 apartment buildings now deemed unsafe. This content is for 1-3 Team Members, 7 Day Trial, 4-10 Team Members, 4-10 Team Members (Sponsored Member), 11-20 Team Members, 11-20 Team Members (Sponsored Member), $695 One Time Membership Rate Lock, Single Subscription,…