Sign in to follow

International Edition

BT Emerges Victorious in First Full CAT Opt-Out Trial

Telecoms giant BT has successfully seen off a £1.3 billion U.K. class action against the company—the first full opt-out trial to take place before the Competition Appeal Tribunal.
3 minute read

International Edition

Burford Litigation Funder Sets Sights on UAE’s Surge in Construction & Disputes

Burford Capital is expanding its focus to fund construction arbitration in the UAE, targeting high-value disputes as the sector experiences significant growth.
4 minute read

International Edition

‘We’re In Need of a Fix’—Is London’s Litigation Market in Trouble?

Against the backdrop of PACCAR, the Mastercard settlement this month rattled a litigation market that is facing what some have indicated are near-existential threats.
4 minute read

International Edition

Class Actions at the Crossroads: A Gold Rush or a Gamble?

The decision by class action disruptor Pogust Goodhead to cut jobs in London and Brazil offers an insight into the challenges facing the international class actions market.
6 minute read

International Edition

European, U.S. Litigation Funding Experts Look for Commonalities

"We do not think or do not deem it necessary that the agreement itself should be disclosed," said Susanne Augenhofer, a professor at the Austrian-based University of Innsbruck and visiting professor at Yale Law School. "Yes to disclosure, but only to the identity of the funder and the fact that a third-party funder is involved."
5 minute read

International Edition

Japan’s Mori Hamada Joins Funder LCM for $150M Credit Suisse Bonds Claim

More than a year since the $17 billion writedown of Credit Suisse’s AT-1 bonds, law firms are still gathering investor classes to recoup their losses
3 minute read

International Edition

GOP's Washington Trifecta Could Put Litigation Finance Industry Under Pressure

"It's certainly not the highest priority right now, but there are a few angles that are maybe appealing to the [Trump] administration," Paul Haskel, a partner with Crowell & Moring, said of the likelihood of tighter regulation.
8 minute read

International Edition

Drew & Napier Class-Action Claimants Accept Omni Bridgeway Funding for $250M Claim Against Swiss Government

Of all the lawsuits against the write-down of $17 billion worth of AT1 bonds issued by Credit Suisse, Drew & Napier's class is the only one that is receiving litigation funding.
3 minute read

International Edition

London Trial Against BHP for Role in Brazil Mining Disaster Begins

The long-awaited trial, fueled by litigation funding, kicked off with accusations that global mining giant BHP knew that an excessive amount of toxic sludge was being held in a dam that burst in 2015, killing 19 and contaminating communities in southeastern Brazil. Plaintiffs are asking for £36B (US$46.7 billion) in damages.
3 minute read

International Edition

Malaysia Defeats $15B Sultanate 'Heirs' Claim in Netherlands; Case Moves to France

UK-based litigation finance firm Therium's strategy and financial backing for the claimants has sparked calls to regulate third-party funding in the EU.
2 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now

  • Technology to Make E-Discovery Smarter, Not Harder

    Brought to you by Nuix

    Download Now

  • Does Generative AI Have the Power to Transform Legal Services?

    Brought to you by HaystackID

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now