Patton Boggs hasn't gotten any traction in its claims that Chevron and its lawyers are interfering with its representation of the Ecuadorian plaintiffs in the massive Lago Agrio oil pollution litigation. Whats more, the firm claims it hasn't even been paid for its troubles.

Chevron is going after the largest law firm to represent the plaintiffs who won a $19 billion environmental pollution judgment against the company in Ecuador. In a motion filed on Friday, Chevron alleges that Patton Boggs tried to cover up evidence that the judgment was the product of bribery and ghostwriting.

Three prominent lawyers and a hedge-fund manager launched a Chicago-based litigation financing company Monday with $100 million in capital.

In the hush-hush world of corporate litigation finance, any information about who's looking for outside funding is news--especially when it turns out to be one of the most innovative GCs in the business.

IMF (Australia) Ltd. pioneered the field of third-party litigation finance down under. Now it's hired a former director of Credit Suisse's litigation funding unit to launch a New York subsidiary, Bentham Capital LLC.

The securities class action heavyweight and former Bernstein Litowitz partner is jumping into third-party litigation finance, and he says his new firm, BlackRobe Capital, will take a more active role in cases than most funders have in the past.