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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

International Edition

UK Government Backs Supreme Court Lit Funding Decision, For Now

The Labour government is to delay a final decision on a ruling which could render some until summer 2025.
3 minute read

International Edition

UK Residents Party to 8 Class Actions Each, Research Shows

People do not often know that they are involved in class actions, with the research showing the value of U.K. opt-out claims had increased by 48% in 2023.
2 minute read

International Edition

A&O Shearman, Hogan Lovells to Defend £9.9 Billion Crypto Class Action

Lawyers for the claimants have accused six crypto exchanges of "colluding to delist BSV from their exchanges" in 2019.
2 minute read

International Edition

Post Office Litigation Funder Subpoenaed in the US

Earlier this year, the arbitrator who awarded $15 billion to the claimants in the dispute was sentenced to six months in prison and disqualified from working as an arbitrator for one year for disobeying orders from the court.
2 minute read

International Edition

Amazon Hit With Second $1 Billion-Plus UK Competition Claim

Third-party litigation funder Innsworth is bankrolling the case brought by Andreas Stephan, a professor of competition law at the University of East Anglia, who accuses Amazon of discriminating against third-party sellers.
2 minute read

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