A $20 million financing deal has been signed with litigation boutique Lewis Baach by Woodsford Litigation Funding. It will offer clients an expedited, one-stop arrangement for the financing of high value litigation. The deal covers matters in any jurisdiction around the world where Lewis Baach Kaufmann Middlemiss offer contingency fee arrangements. Also, it will work where funding is required for the additional litigation expenses, including expert witness fees, e-discovery costs and court and tribunal fees. Brazilian funder, Leste Litigation Finance, also supports the international arrangement between the two. As part of a collaboration agreement announced in March, for any matters with a Brazilian element, Leste and Woodsford will regulate funding jointly.
Read full article at GlobalLegalPost.com
Summarized by Natalia Tsar.