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May 19, 2021 | The American Lawyer

Law Firm IPOs Are Gaining Steam in the UK, but History Offers Cautionary Tales

Despite the allure of taking on external investment, law firms would be wise to avoid buying into the hype.
5 minute read
November 18, 2016 | The American Lawyer

UK Court Ruling Increases Liability Exposure of Litigation Funders

On Friday the English Court of Appeal issued a landmark ruling affecting litigation funders who financed an unsuccessful $1.6 billion case against two U.S. oil companies. The court ruled that the funders, under the U.K.'s “loser pays” rule, could be forced to pay more than $24.7 million in legal costs for defendants in the case.
19 minute read
December 09, 2015 | The American Lawyer

Clifford Chance Settles With Funder of Failed Excalibur Case

In the latest twist in a bizarre saga of litigation funding gone awry, Clifford Chance has agreed to pay a confidential amount to settle a negligence suit threatened by a litigation funder that bankrolled a disastrous case handled by the U.K. law firm.
2 minute read
Funders May Be Liable in Failed Excalibur Case
Publication Date: 2013-12-16
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Things have gone from bad to worse for tiny Excalibur Ventures, and for the litigation funders that backed its failed $1.65 billion lawsuit against a group of U.S. oil companies.

September 10, 2013 | The American Lawyer

Excalibur Suit Shows Litigation Funding at Its Riskiest

A $1.65 billion international dispute provides a window into a secretive world.
14 minute read
Jones Day Defeats $1.65B Mega-Suit over Iraq Oil Rights
Publication Date: 2013-09-10
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One of the largest and costliest matters backed by outside litigation funding — an ambitious $1.65 billion lawsuit brought by two American brothers — met its demise on Tuesday.

August 30, 2010 | The American Lawyer

High-Profile International Assignments a Boon to Some Firms

In the last full week of August, firms like Dorsey & Whitney, Orrick, and Sidley Austin picked up significant pieces of work in the global arena.
4 minute read
July 01, 2011 | The American Lawyer

Arbitration Scorecard: Contract Disputes

The largest contract arbitrations active in 2009-2010.
46 minute read

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