The opening of the first United States office was announced by Woodsford Litigation Funding in July 2017. The funder follows the steps of other investors in the market such as Bentham IMF, Vannin Capital and Burford Capital. The funder said the expansion was a natural outcome of having already funded a number of US cases.
Woodsford managed to employ a team of experienced litigators to its US advisory panel. Many of them are former members of the federal judiciary. And it is a common case, in the US, for them to take up posts within law firms. For instance, Shira Scheindlin, former US District Court judge for the Southern District of New York, said that she was pleased to join Woodsford as it brings its international expertise to the United States.
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Summarized by Natalia Tsar.