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Regulatory and legal issues surrounding the burgeoning litigation finance market, as well as deals, financials, and analysis of how litigation funding is changing the practice of law.
By Amanda O'Brien | April 24, 2024
The firm acknowledged expected difficulties in convincing creditors to confirm its bankruptcy plan.
3 minute read
By William Marra | April 17, 2024
The City Bar's recommendation is significant because it represents yet another high-profile body rejecting the U.S Chamber of Commerce's arguments regarding litigation funding, a guest columnist writes for the Law Journal.
5 minute read
By Justin Henry | April 16, 2024
"The skillsets we were developing as associates were largely transferable," said Evan Meyerson, a former Paul Weiss associate who moved to Burford Capital. "A big part of litigation strategy is thinking about what the other side thinks about your case and the job at Burford is to think through these investments as a devil's advocate."
8 minute read
By Justin Henry | April 12, 2024
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
By Amanda O'Brien | April 10, 2024
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
By Justin Henry | April 9, 2024
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
By Justin Henry | March 27, 2024
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
By Chris O'Malley | March 26, 2024
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
By Paul Hodkinson | March 24, 2024
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
By Amanda O'Brien | March 21, 2024
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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A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS