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The Legal Intelligencer

Phila. Insurance Defense Firm, Ex-Partner Square Off Over Loans

Attorney Kevin Berry says Vaughan McLean owes him over $350,000 that he contributed to help the firm pay off a $2 million loan. Founder Joseph Vaughan responded that Berry's misrepresentations over his book of business caused the firm to incur $10 million in litigation funding loans.
5 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

International Edition

Simmons Reels in Salmon Price-Fixing Class Action Mandate

The claimants are seeking up to £382 million for UK consumers.
2 minute read

International Edition

UK Election: Tories Hint at Resurrecting Litigation Funding Legislation

A key piece of proposed legislation on third-party funding did not become law in time before the Prime Minister's calling of the general election in May.
2 minute read

International Edition

Willkie Leads on Biggest Class Action by UK Retailers With £1B CAT Claim Against Amazon

The biggest class action ever launched by UK retailers accuses the tech giant of 'illegally misusing' data and 'manipulating the Amazon Buy Box' for its own commercial benefit.
3 minute read

International Edition

The Rise of Legal Finance in Spain's Growing Market

With appropriate regulation and fast litigation times, the country's litigation finance market is increasing quickly.
5 minute read

New York Law Journal

Decision of the Day: Legal Fees Necessitated by Subpoena Constitute Concrete Monetary Harm for Standing

This ruling was selected and summarized by the New York Law Journal's decision editors. 
2 minute read

International Edition

Litigation Funders 'Disappointed' as Key Bill Dropped Ahead of Election

The bill was not chosen by the UK government to progress through the so-called 'wash-up' period of last-minute lawmaking in the final days of a parliamentary session, meaning it will now be up to the next government to decide whether to revive the legislation.
4 minute read

Law.com

The Law Firm Disrupted: When Private Equity and Mass Torts Collide in the Same Firm

Skadden served as deal counsel for an investment giant that had previously funded claims against a firm client. Such tensions may grow even more common as multistrategy investors look for new opportunities.
6 minute read

International Edition

Omni Bridgeway Partners With Singapore's Drew & Napier to Fund $270M Credit Suisse AT-1 Bonds Class Action

Withers, Reynolds Porter, Quinn Emanuel, Pallas Partners and Clyde & Co are all also acting for investors on their claims in relation to the write-down of Credit Suisse's AT1 bond.
4 minute read

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