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The American Lawyer

Litigation Funders' Pitch to Corporate Litigants: Turn Your Lawsuit Into an Asset

A $40 million agreement between Quinn Emanuel and Longford Capital illustrates how law firms are seeking to make third-party finance more appealing to their clients.
5 minute read

The Legal Intelligencer

Sacks Weston's Creditors Remain Hostile to Firm's Chapter 11 Plan

Third-party litigation funders Virage Capital and Jordan Litigation Funding pushed a judge Wednesday to dismiss the firm's Chapter 11 petition. Meanwhile, co-founder Andrew Sacks was absent from the hearing, purportedly dodging service of a subpoena from Virage.
4 minute read

New York Law Journal

City Bar Proposal Would Formally Allow Fee Sharing With Litigation Funders

The New York City Bar Association's professional responsibility committee proposed statewide changes to Rule 5.4 that would allow lawyers to pledge security interests in unrecovered legal fees to non-lawyers, including third-party financers.
6 minute read

International Edition

Postal Scandal Sheds Light on Shady Litigation Funding

On the Post Office litigation, funders rode to the rescue but then hijacked the spoils—we need to reform the system, says former MP Seema Kennedy.
4 minute read

International Edition

Litigation Funders Have Won the Battle—But Will They Win the War?

Debate has intensified about the societal value of litigation funders as the UK government prepares a change to the rules that would help them, with some saying a review is needed first.
6 minute read

The American Lawyer

The Am Law 200 Stepped Up Their Use of Litigation Funding Last Year

Even as third-party funders deployed less capital in the 12-month period ending June 30 owing to unfavorable macroeconomic conditions, the largest firms in the country saw their capital commitments rise, both in absolute and relative terms.
4 minute read

Corporate Counsel

TV Legal Ads Proving Useful Radar for Next Big Mass Tort Categories

Tracking television legal ads that solicit plaintiffs for mass torts can give general counsel early warning of new trends and gauge the plaintiffs' bar's appetite in product litigation categories.
5 minute read

International Edition

How to Grow Fast Like Kirkland

Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, writes the Global Lawyer.
6 minute read

International Edition

How to Grow Fast Like Kirkland

Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, writes the Global Lawyer.
6 minute read

The Legal Intelligencer

Lit Funder Virage Wants Sacks Weston Bankruptcy Dismissed

The funder claims the firm's Chapter 11 filing was a bad-faith effort to delay trial and forum shop in a dispute stemming from a $5.79 million loan agreement.
4 minute read

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