Critical Mass: Litigation Funding Bill Introduced in U.S. Senate. Plus: Special Master's Data Breach Fee Report Lashed on All Sides
A litigation funding bill introduced in the U.S. Senate last week got a cold reception from financiers and plaintiffs lawyers, who have a few suggestions on how to change it.
May 16, 2018 at 07:34 PM
4 minute read
Critical Mass Law.com Amanda Bronstad litigation funding bill Anthem data breach settlement new feature in Critical Mass Richard Fields [email protected] @abronstadlaw.
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Balancing Act for U.S. Senate's New Lit Funding Bill
It came as no surprise legislation introduced in the U.S. Senate force disclosure of third party financiers of class actions and mass torts My story here Critics weren't opposed to all financing disclosures U.S. District Judge Dan Polster opioid cases in camera no discovery Ben Hancock here few judges are issuing litigation financing orders Yet that's what many in the defense bar really want. The New York Times here here federal indictment over alleged kickbacks unnecessary surgeries Bentham IMF Chief Information Officer Allison Chock “The bad stories that have come out all have this common theme...these underlying causes are physically injured, or they are personal injury-type of claimants. The bill is substantially broader than this class of cases that seem to be the problem children. You could craft a much narrower rule that would apply in those types of cases.” |
Report on Anthem Data Breach Attorney Fees Hit By Plaintiffs' Lawyers and Class-Action Critic
special master's report $38 million fee request Anthem data breach settlement plaintiffs lawyers objector counsel Ted Frank story A quick backgrounder U.S. District Judge Lucy Koh of the Northern District of California 53 law firms The special master's report Altschuler Berzon Cohen Milstein Lieff Cabraser Girard Gibbs cut their request by $9 million Now to my story Competitive Enterprise Institute's Center for Class Action Fairness contract attorney rates State Street But there's a chance we'll still see it: U.S. District Judge Mark Wolf |
Q&A: How Lit Funding Has Expanded Lawyer 'Mobility'
new segment in Critical Mass Richard Fields of Fields PLLC Juridica Asset Management Ltd opioids Facebook Q: How have plaintiffs firms changed in how they finance some of these big cases? A: Q: What advice do you have for lawyers who are trying to finance class actions and mass torts? A
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Who Got the Work?
39-lawyer team U.S. District Judge Edward Davila Joseph Cotchett Cotchett, Pitre & McCarthy Laurence King Kaplan Fox story One interesting here Gibson, Dunn & Crutcher
Ogletree Case Branches Out Ogletree Deakins $300 million gender discrimination class action Law.com here David Sanford Sanford Heisler Sharp Meanwhile: AT&T pregnancy discrimination here Fee Fight Sprouts $1.51 billion settlement Syngenta GMO seed corn Mikal Watts here Watts Guerra Another group of lawyers Final approval is scheduled for Nov. 15 Here's why it matters. Another example? water contamination in Flint, Michigan here June 18 hearing devolved into a fee fight
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