Litigation Funding in the News – New Funds and a Juridica Deal That Went South
The WSJ includes two new articles on litigation funding, with both by Vanessa O’Connell. The first article covers new, private entrants into the litigation funding market. They are Fulbrook Capital, BlackRobe Capital, and Bentham Capital. The latter two seem to each include a focus on certain types of litigation.
The article also includes an interesting twist. Thus, it mentions that DuPont embraces litigation funding on some occasions, but the US Chamber of Commerce remains opposed to free enterprise having a role in litigation.
The second article describes a Juridica litigation that went south. The loan recipient tried to avoid arbitration by claiming that litigation funding changes the interests in litigation, which of course seems obvious.