Brown Rudnick to Speak at the Litigation Funding Conference

Brown Rudnick to Speak at the Litigation Funding Conference in London on October 2, 2017. Chris Toms, Partner at Brown Rudnick, will speak on a panel covering attorney and corporate counsel experiences with litigation finance.
Brown Rudnick is an international law firm with offices in the United States and Europe. It represents clients from around the world in high-stakes litigation, international arbitration and complex business transactions. Clients include public and private corporations, multinational Fortune 100 businesses and start-up enterprises. The firm also represents investors, as well as official and ad hoc creditors’ committees in today’s largest corporate restructurings, both domestically and abroad. Founded more than 60 years ago, Brown Rudnick has approximately 240 lawyers providing advice and services across key areas of the law. The firm regularly serves clients in Europe, the United States and North America, the Middle East, North Africa, the Caribbean and Latin America.

Read full article at http://lf2017.com/T/15.php

Summarized by Natalia Tsar.

Third party arbitration funding

Use of third party funding for international arbitration is growing, especially in Hong Kong and Singapore where prohibitions against its use have been either relaxed or eliminated. As third party funding is to stay in international arbitration, principles for arbitrators, parties and lawyers to use in such proceedings have been introduced. The purpose of these proceedings is to develop consistency and more informed decision-making in issues relating to third party funding. It is common knowledge that third part funding of litigation generally, and in the international arbitration sphere in particular, is a field that changes extremely fast. Therefore, there is a risk that any fixed set of principles introduced to this field will quickly become outdated and obsolete.

Read full article at Out-Law.com

Summarized by Natalia Tsar.

Dividex Management to speak at the Litigation Funding Conference

Dividex Management will speak at the Litigation Funding Conference in London on October 2, 2017. Irwin Schwartz, founder of Dividex Management, will be sharing insights and observations about how global securities litigation cases are reshaping the international needs and tactics of institutions in accessing litigation funding as part of their asset recovery and risk mitigation strategies.

He will discuss the factors his firm considers in evaluating litigation funders and their deals. He will also identify the global markets that DIVIDEX views as ripe for litigation funding opportunities and share his thoughts on how litigation funders might prepare for the due diligence challenges to be expected as institutions become more comfortable with litigation funding.

Read full article at http://lf2017.com/T/12.php

Summarized by Natalia Tsar.

Watch video here: Youtube.com

Litigation Finance and Insurance

Corporate litigation finance is a new phenomenon in the United States. However, it is rapidly developing. At first, corporate litigation finance was perceived as relevant only to the financially weaker party. Now major corporations with strong balance sheets recognize the benefits of using it. To manage to present the possibility of litigation finance to the board, general counsel will ask questions about how it works, its benefits and risks. According to James Blick, principal of TheJudge and head of its U.S. operations, and Erika Levin, Esq., senior vice president at TheJudge, there are 5 tips for securing the best funding terms possible from the market.

Read full article at InsideCounsel.com

Summarized by Natalia Tsar.

PBC Litigation to Speak at the Litigation Funding Conference

PBC Litigation will speak at the Litigation Funding Conference in London on October 2, 2017. Steven Philippsohn, Owner of PCB Litigation will speak on a panel covering attorney & corporate counsel experiences with litigation finance. PCB Litigation LLP has an unmatched track record in securing clients’ objectives in complex contentious matters of all types. They work across a wide range of fraud, asset recovery and commercial disputes as well as other matters across various industry sectors, including financial, energy and natural resources, telecommunications and real estate. They have a particular strength in the provision of strategic oversight and managements of cases which involve several law firms at the cross-border level.

Read full article at http://lf2017.com/T/8.php

Summarized by Natalia Tsar.

Watch video here: Youtube.com

Third-party arbitration funding in the Netherlands

Nowadays, the Netherlands has a developing third-party arbitration funding market. A lot of international funders are active on the Dutch market. Third-party funding is more typical in the Dutch court litigation funding. Funders are active in relation to cartel damages follow-on litigation, at the enforcement stage, in relation to both arbitral awards and court judgments. Funding respondents appear less common. Claimants use arbitration or litigation risk insurance as an alternative to third-party funding. The initial fees are covered by the claimant and, in case of a negative outcome, by the insurer.

Read full article at Lexology.com

Summarized by Natalia Tsar.

Therium Capital Management to Speak at the Litigation Funding Conference

Neil Purslow, Co-Founder and Chief Investment Officer at Therium Capital Management, will speak on a panel covering litigation finance in the United Kingdom and the European Union at the Litigation Funding Conference in London on October 2, 2017.

Therium Capital Management was founded in London and Jersey in 2009. Now it is one of the most established global litigation financing firms, with a market-leading track record of generating superior returns for its investors. In April 2016, Therium became the first European litigation finance company to launch a full service business in North America. In June 2016, it introduced litigation financing to Scandinavia, and in March 2017 – to Germany. Therium has constantly been at the forefront of innovation in litigation finance. It combines the use of insurance tools alongside funding vehicles, and introduces portfolio funding products into the UK.

Read full article at http://lf2017.com/T/14.php

Summarized by Natalia Tsar.

Class Action Determination on Litigation Funding Agreement

Class Action Determination is being based on Litigation Funding Agreement by the Australian Court. Bellamy Australia Ltd, a major Australian food and beverage company, is dealing with dual shareholder class action suits. Both cases are similar. With the major disparity being the specifics of the litigation funding agreements in each, Bellamy Australia Ltd moved to have both proceedings permanently stayed. The Australian courts now have to make an interesting decision.

Read full article at Litigationfinancejournal.com

Summarized by Natalia Tsar.

Pre-Settlement Funding Assistance Program for Hurricane Irma Victims

The Lawsuit Settlement Funding Company, a leader in top lawsuit funding services and high-quality customer service, announced that they are going to be providing prompt assistance for all victims of the Hurricane Irma.

Legal-Bay is a lawsuit pre-settlement funding company that provides cash advances to plaintiffs. The cash advances are on a non-recourse basis. It means the plaintiff only needs to repay the advance if the case is successful.

Chris Janish, CEO of Legal-Bay, commented, “We have opened up our twenty-four-hour approval process for any and all cases that are dealing with the effects of Irma. We already deal with many law firms and plaintiffs in the Florida and Georgia regions, and we are utilizing those contacts to provide immediate assistance to any and all families who qualify for lawsuit funding.”

Read full article at PrNewsWire.com

Summarized by Natalia Tsar.