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Category Archives: Litigation Funding

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Litigation Economics: “Taking a Financial Position in Your Opponent in Litigation”

Posted in Contingent Fees, Costs in Litigation, Litigation Funding, Litigation Industry
The economics of litigation continue to receive more attention. For example, an April, 29, 2016 post at CLS Blue Sky Blog brings news of a new litigation economics article by Albert H. Choi, the Albert C. BeVier Research Professor of Law at the University of Virginia Law School, and Kathryn E. Spier, the Domenico de Sole Professor… Continue Reading

Abundant Irony as a Plaintiff’s Firm and Litigation Funder Team Up for a Class Action Against Slater & Gordon

Posted in Litigation Funding, Litigation Industry
John Biesner (of Skadden Arps) and the US Chamber of Commerce should be cheering today. Why? Because a litigation funding firm is backing a securities class action against Slater & Gordon, the publicly traded plaintiff’s firm which recently announced massive losses, apparently from lousy due diligence before purchasing a UK firm. The newest story is… Continue Reading

It Appears There is More Litigation Funding for Moderate Value Cases – Augusta Ventures

Posted in Litigation Funding, Litigation Industry
The litigation funding industry continues to expand. The punchline is pasted below; for more specifics, see the full April 27, 2015 article at The Global Legal Post : “UK SME litigation funder Augusta Ventures has spent a further £3m in cases in the first quarter of 2015. Unlike other funders which focus on a handful of multi-million pound… Continue Reading

Litigation Funding – A Look Back and to Note Chicago is Now Home for the World’s Largest Litigation Funding Company – Gerchen Keller Capital LLC

Posted in Litigation Funding, Litigation Funding. Litigation Industry, Litigation Industry, Mass Tort Issues
Chicago is now home to the world’s largest litigation funding source. It is Gerchen Keller Capital LLC. which just announced raising  a new fund of $475 million, and that it and adjuncts have an additional $800 million under management.  The new press release is pasted below. For even more color on Gerchen Keller and its… Continue Reading

May 25 Litigation Funding Conference in London Gathers Industry and Legal Leaders

Posted in Litigation Funding
A May 25, 2011 conference in London will bring together true industry leaders and legal thought leaders, including Justice Jackson. The agenda and registration are here for Maximising Opportunities in Litigation Funding. Justice Jackson authored the leading report for the UK on litigation costs and funding. Background materials are here, as are links to the paper. Panel members will… Continue Reading

Private Litigation Funders Keep Growing – Burford More than Doubles to Become the World’s Largest

Posted in Litigation Funding
Private litigation funder Burford Capital has just raised another $ 175 million to become the world’s largest private investor in litigation. Prior funds were raised through an IPO on AIM, as described here. The new round of funding is described here.  A successful prior Burford investment is described here. The world of public and private litigation… Continue Reading

Report on Civil Justice in Scotland Calls for Class Actions and More Work on Litigation Funding and Contingency Fees

Posted in EU Developments, Litigation Funding, Litigation Industry
Lord Gill’s report on civil justice in Scotland was issued on 30 September. The full report and the synopsis are available here. See below for some key excerpts from the synopsis. “Multi‐party actions (Chapter 13) The Report recommends that there should be a special procedure for dealing with multiple claims which give rise to common… Continue Reading

Burford Fund Goes Public in Britain – $ 130 Million Raised for Litigation Funding

Posted in EU Developments, Litigation Funding
Regardless of what some may think, investors apparently like the idea of litigation as an investment vehicle. The proof ? Burford Capital this week succeeded in raising $ 130 million in its IPO. Here is an Am Law article by Alison Frankel in which she declares: “It’s time to declare litigation financing a bona fide… Continue Reading

Preliminary Report In UK on Possible Changes to Assessment of Costs

Posted in Class Actions/Aggregate Litigation, Costs in Litigation, EU Developments, Global Tort Litigation, Litigation Funding, Mass Tort Issues, Policy Issues
The UK is famous for assessing costs if a case actually goes to judgment. A new look at that topic is underway and is slated to produce a final report by year end 2009. A preliminary draft report has been issued and will be the subject of meetings and comments over the summer. More specifically,… Continue Reading

Global Litigation Trends Article – Aggregate Litigation, Contingent Fees, Litigation Funding, and Punitive Damages

Posted in Class Actions/Aggregate Litigation, EU Developments, Global Tort Litigation, Law Review Articles, Litigation Funding, Mass Tort Issues
Looking for a tight but informative summary of changes around the globe with respect to (1) aggregate or class action litigation, (2) contingent fees and litigation funding, and (3) exemplary or punitive damages? If so, you should read a new article, “Global Litigation Trends.” The authors are Mark Behrens, Gregory Fowler and Silvia Kim, who… Continue Reading

Sign Up Tomorrow for Great Looking UCLA – RAND Conference on Litigation Funding – June 2, 2009 in Santa Monica

Posted in Litigation Funding, Policy Issues
My friend Steve Sellick points out that UCLA and RAND are teaming up for and presenting an interesting June 2 seminar at RAND in Santa Monica on litigation funding. Litigation funding is a topic I’ve mentioned before in a Corporate Counsel  "special section "article and on this blog.  The existence of material amounts of capital available… Continue Reading

Litigation Financing & Structured Settlement Buyouts

Posted in Litigation Funding
As the litigation funding business grows in popularity, it becomes apparent that new issues will arise in terms of how to deal with the rights to collect on settlements and judgments. In that vein, here’s an interesting newspaper article describing two federal appellate decisions relating to problems with a company that buys out structured settlements… Continue Reading