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Corporate Counsel

Business Groups Sound Alarm as EU Proposes Law to Permit Consumer Class Actions

Lisa Rickard, president of the U.S. Chamber Institute for Legal Reform, worried the proposal "could make the EU a major global hub for abusive litigation."
5 minute read

New York Law Journal

Third-Party Funding of Lawsuits Permeates the Legal Landscape

The answers are not entirely clear, but one thing is certain: Third-party funding and financing is a developing, unsettled area of the law. As such, as in any new endeavor, attorneys and their clients should proceed with caution.
9 minute read

National Law Journal

For Chamber, Replicating Wisconsin Win on Litigation Funding Transparency Won't Be Easy

Provisions requiring the disclosure of third-party litigation funding contracts in Wisconsin courts came together amid a unique set of circumstances on the ground.
5 minute read

Daily Report Online

Charge It? Not to Pay Bankruptcy Lawyers, 11th Circuit Says

Ruling in a putative class action against a defunct Orlando law firm, a panel said an attorney violates federal law "if he instructs a client to pay his bankruptcy-related legal fees using a credit card."
6 minute read

National Law Journal

Litigation Funding Deals Must Be Disclosed Under Groundbreaking Wisconsin Law

Wisconsin Act 235 appears to be the first law of its kind in the United States, and comes amid a continued push by litigation finance opponents to increase transparency in the industry.
4 minute read

Daily Business Review

Watson Island Developer Wins Case Against Miami, Plans to Seek Damages

Next, the case is headed for another trial to determine damages the city owes the developer.
5 minute read

Daily Business Review

Kaye Bender Rembaum Trounces Bankruptcy Trustee's Malpractice Claims

But the firm's leadership said it paid a steep price, as its malpractice insurance premium rose about 50 percent.
3 minute read

Law.com

The Law Firm Disrupted: What Does Litigation Finance Do for Big Law's Capital Cravings?

Burford Capital's big income and profit figures could give managing partners room to maneuver.
7 minute read

The American Lawyer

Burford Investors Get Rich as Financier Deepens Am Law 100 Ties

The litigation finance giant announced Wednesday that it had tripled its investment commitments on new cases.
4 minute read

New York Law Journal

Litigation Funding in Bankruptcy Court: An Essential Tool for Maximizing the Value of the Debtor's Estate

Third-party litigation funding promises to become a more regular feature in bankruptcy litigation, just as it has become more prevalent in general civil litigation. To this point, the Bankruptcy Code has proven flexible enough to address this phenomenon.
12 minute read

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