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Daily Business Review

11th Circuit Upholds Order Freeing Insurer from Legal-Mal Suit Costs

A legal malpractice insurer has been found not responsible for at least $7 million in legal expenses accrued defending a bankrupt law firm sued by an investment company whose manager was also a partner at the defendant firm.
11 minute read

New York Law Journal

Russian Oligarch Loses Back-to-Back Motions Tied to $270M Note

The case involves a $270 million promissory note signed during a drunken night in Vienna.
4 minute read

Legaltech News

E-discovery Leader Ipro Announces 'Substantial Investment' from ParkerGale Capital

The deal, whose monetary details have not been disclosed, will allow 'increased investment across all departments' and provide further acquisition opportunities, the company says.
7 minute read

National Law Journal

$28M Settlement Ends Decade-Old Securities Fraud Case

The case involved allegations that Harman International Industries artificially inflated its stock prices.
3 minute read

The American Lawyer

Wachtell Lawyer Jumps to Litigation Funder

Garrett Ordower is joining Lake Whillans in New York, where he'll help vet cases for potential investment.
12 minute read

Daily Business Review

DLA Piper Advises Putney Capital on Acquisition of Colombian Steel Mill

DLA Piper represented Putney Capital Management in its acquisition of a 50-percent interest in a Colombian steel mill owned by a major steel manufacturer based in Brazil.
2 minute read

The American Lawyer

M&A Activity in Asia Declines as China Work Drops

League tables published by Mergermarket, Bloomberg and Thomson Reuters show a drop in M&A deals during the first three months of this year, both by deal count and volume.
19 minute read

The Recorder

Judge Allows 3-Month Trial Delay Over Litigation Funding Issues

Exploring uncharted territory, U.S. District Judge James Donato on Wednesday agreed to postpone a computer hacking trial for three months while the plaintiff seeks new sources of litigation funding.
9 minute read

National Law Journal

Religious Health Systems, Facing ERISA Liability, Pin Hope on Justices

The U.S. Supreme Court on Monday took up an employee-retirement dispute that threatens to expose religious-affiliated, nonprofit health care systems to billions of dollars in retroactive penalties rooted in the protection of pensions.
5 minute read

Daily Business Review

The Rise of Third-Party Funding in International Arbitration

It is no longer a question of whether third-party funding will be used in international arbitration, but how we will tailor our processes to address the issues that come into play when third- party funders more frequently finance “bet the company” cross-border disputes and major investor-state claims.
7 minute read

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