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Corporate Counsel

Work Product Protection for Legal Finance

Over the past three years, the law has even more strongly reinforced the protection under the work product doctrine of documents created in connection with litigation finance, or produced to litigation finance providers over the course of diligence and investment.
6 minute read

Law.com

Critical Mass: Yahoo May Face Punitive Damages in Data Breach. Plus: Litigation Funding and State Usury Laws

Yahoo now faces the possibility of punitive damages over recent data breaches, which have impacted a total more than 3 billion user accounts, after Judge Lucy Koh refused to dismiss the case.
6 minute read

The Legal Intelligencer

NFL Lit Funder Demands Details of Assignment Agreement Ban

Thrivest said it has asked for the conference so it can get clarity about the scope of Judge Anita Brody's orders and whether Thrivest can appeal.
4 minute read

The Legal Intelligencer

How NFL, 9/11 Settlements Could Complicate Emerging Law on Litigation Funding

A clear line of case law is emerging that holds litigation funding agreements are generally not subject to state usury restrictions, but a pair of high-profile cases—one that arose out of the $1 billion NFL concussion settlement and the other linked to a fund for 9/11 victims—may complicate matters.
7 minute read

Daily Business Review

Foreclosure Defense Lawyer Wins Case But Can't Collect Fees

The issue of attorney fees for foreclosure defense lawyer has taken center stage in recent weeks.
3 minute read

Legaltech News

Crowdfunding Startup Mighty Pivots to Software, Capital for Litigation Financiers

Following its new direction, Mighty this week announced it had raised $114 million for growth and development in its latest funding round.
4 minute read

The Legal Intelligencer

Attorney Aims to Appeal $230K Judgment Over $25K Lit Funding Loan but Faces Roadblock

A Philadelphia attorney is seeking to appeal a nearly $230,000 judgment against him for allegedly failing to pay back a $25,000 litigation funding loan, but the judge overseeing the case has urged the Pennsylvania Superior Court not to take up the case.
3 minute read

The Recorder

In-House Counsel Poll Finds a Quarter Have Used Litigation Finance—Mainly in Tech

The survey also showed that corporate legal departments often drive the decision to use third-party funders, but that many in-house lawyers have ethical reservations.
2 minute read

The Legal Intelligencer

3rd Circ. OKs Litigation Funding Agreement in Legal Mal Suit Against Reed Smith

Finding that the arrangement did not run afoul of New York usury laws, the Third Circuit has ruled that a litigation funder is entitled to a chunk of the proceeds from a plaintiff's settlement of a legal malpractice lawsuit against Reed Smith.
5 minute read

Daily Business Review

South Florida Firm in Hot Water for Ghostwriting Pleadings for Pro Se Defendants

The firm says there's widespread ignorance about a rule that allows it to write, but not sign, documents prepared for litigants representing themselves in court.
5 minute read

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