Juridica Investments Ltd., one of a handful of major commercial litigation funders, said in November that it is halting investments in new cases and cutting costs in the wake of courtroom setbacks. The news comes amid accelerating interest in litigation funding.
The Guernsey-based company said that it will freeze its portfolio and focus on existing investments at the prompting of its shareholders. It has $200 million in assets under management, the company said in a June 30 financial report.
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