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International Edition

Litigation Funder Omni Bridgeway Hires More Staff, Continues New Zealand Expansion

The company has already invested in several class actions in New Zealand.
2 minute read

The American Lawyer

Funder Sues Pierce Bainbridge as Marc Mukasey Drops Firm

The embattled firm is now facing a new lawsuit from a high-interest business lender and a withdrawal motion by its high-profile lawyer.
4 minute read

International Edition

Australia's Attorney General Launches Inquiry Into Class Action Funders' Profits

The attorney general, Christian Porter, said the number of class actions filed in Australia over the past seven years has tripled, with the overwhelming majority bankrolled by litigation funders who are not licensed, not regulated and often demand up to 30% of settlement funds.
3 minute read

New York Law Journal

NY City Bar Group Urges Changes to Ethics Rules to Accommodate Lit Funding

The proposals call for an additional rule section that provides an attorney or law firm "may share legal fees with an entity in exchange for the entity's providing" money.
3 minute read

The American Lawyer

After Merger, IMF Bentham Rebrands as Omni Bridgeway

The Omni Bridgeway name has over three decades of history, compared to two for IMF Bentham.
2 minute read

International Edition

Litigators Join Forces to Launch UK-Wide Pro Bono Initiative

The initiative's revenue will fund the new National Pro Bono Centre and frontline advice agencies which provide assistance to those unable to afford legal services.
2 minute read

The Recorder

Litigation Funder Agrees to Arbitrate Claims Against Girardi

Arizona lender Stillwell Madison, represented by counsel at DLA Piper, has agreed to stay its fraud claims against Girardi, his law firm and his wife while it arbitrates contract claims related to a $3,454,804 loan forbearance agreement.
3 minute read

The American Lawyer

Litigation Funding Leader Burford Warns of Profit Dip

The company sought to minimize the impact of the dip, pointing to litigation successes in January 2020 and a record high in funding commitments. Investors responded positively to the news.
4 minute read

The American Lawyer

Oasis Suit Against Kirkland, Littler in Peril After Attorney Misses Court Date

The founder of Oasis Financial will ask a judge Wednesday to vacate the dismissal of his lawsuit against the two firms.
3 minute read

The American Lawyer

Kirkland, Mayer Brown Alums Join Crowded Litigation Finance Field

The three former Gerchen Keller principals behind GLS Capital are touting their $345 million kitty, their experience, and the increasing openness to third-party litigation finance in Big Law.
4 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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