Nonetheless, some General Counsels are relatively uninformed and sceptical
about litigation finance.
June 7, 2016 (Mimesis Law)-- Mark Cohen returns to discuss Gawker's legal battle, Peter Thiel's involvement in the case and the questions
about litigation finance.
The draft bill has predictably drawn praise and scorn from commentators with opposing viewpoints, but the key thing at this point is that the debate
about litigation financing disclosure has moved from the fringes and has now taken center stage.
Not exact matches
But the revelation this week that Mr. Thiel was covertly backing Mr. Bollea's case as well as others has raised a series of new questions
about the First Amendment as well as
about the role of big money in the court system — specifically the emerging field of
litigation finance, in which third parties like hedge funds and investment firms pay for other people's lawsuits.
Mr. Serrano moved his family to the suburb of Whittier, but remained upset enough
about the incident to file, the following year, the landmark court challenge that spurred similar
litigation seeking school -
finance reform in two dozen other states.
Video: Eric Hanushek talks with Education Next
about the recent Supreme Court decision on school spending in Arizona, and considers the ruling's impact on state school
finance litigation.
Legal Those wondering how Stan Lee Media can possibly afford its long, and so far entirely unsuccessful, legal battle with Marvel and Disney may want to read this brief Wall Street Journal article
about «
litigation finance» — which it characterizes as the growing practice of investing in lawsuits.
Many state bar associations have issued ethics opinions
about lawyers using or recommending
litigation financing companies.
I am, however, very curious
about the experiences of attorneys with regard to alternative
litigation financing generally, and consumer legal funding specifically.
Litigation finance's entrance into the online crowdfunding space should prompt a discussion about the history of the litigation finance industry, as well as the ethical concerns
Litigation finance's entrance into the online crowdfunding space should prompt a discussion
about the history of the
litigation finance industry, as well as the ethical concerns
litigation finance industry, as well as the ethical concerns it raises.
Every solosmall practitioner should talk to their clients
about the risks and benefits of
litigation finance loans.
Nigel has recently appeared in
litigation about the estate of a deceased Middle Eastern businessman; acted in a dispute between a financial consultant and a client
about success fees; advised in a dispute
about the transfer of a substantial importation and distribution contract; and acted in a dispute between a shipping conglomerate and a financial consultant in relation to attempts to raise major
finance for investment in new container vessels.
We have a large
litigation group that counts for
about another third of the firm, and we have a commercial / securities / tax / M&A practice, what we call corporate
financing.
Whilst my approach is to avoid
litigation unless really necessary, I do of course act for clients in court proceedings or arbitration where they have significant disputes
about their
finances and / or children, for example if there is a dispute
about the value of trust or business interests, or whether children should be removed from the jurisdiction to live abroad.
Just like quartz technology, developments like AI, crowdfunding, and alternate
litigation financing may be
about to make legal services available to vast groups not previously able to use lawyers.
Calunius» Christian Stuerwald participated in a panel discussion with fellow practitioners
about «The rapid rise of
litigation finance in cross-border insolvency» on 22 April 2016.
For legal departments with tight budgets,
litigation finance helps ensure that the company is able to protect its intellectual property without worrying
about the negative impact of
litigation on earnings and profits.
Firm Rankings Band 1 Georgia - Banking &
Finance: Mainly Regulatory New York - Environment St. Louis & Surrounds - Corporate / M & A St. Louis & Surrounds - Labor & Employment St. Louis & Surrounds -
Litigation: General Commercial Band 2 Nationwide - Franchising Colorado - Natural Resources & Environment Colorado - Real Estate Illinois - Environment Kansas City & Surrounds - Corporate / M & A Kansas City & Surrounds -
Litigation: General Commercial Missouri - Intellectual Property St. Louis & Surrounds - Environment St. Louis & Surrounds - Real Estate Band 3 Nationwide - Sports Law Arizona -
Litigation: General Commercial Arizona — Real Estate Colorado - Corporate / M & A Colorado -
Litigation: General Commercial Colorado - Labor & Employment Georgia — Antitrust Georgia - Real Estate Band 4 Georgia - Bankruptcy / Restructuring Georgia - Corporate / M & A Georgia -
Litigation: General Commercial New York - Real Estate (Mainly Dirt) Band 5 Illinois — Labor & Employment Bryan Cave attorneys recognized as leaders in their field, and the area for which each is recognized, are: Nationwide Lawrence Brody - Wealth Management: Central Region (Band 2) Kenneth R. Costello - Franchising (Band 3) Scott M. Hobby — Outsourcing (Band 3) Steven B. Smith - Sports Law (Band 3) Jonathan C. Solish - Franchising (Band 1) Richard R. Young - Sports Law: Athletic Disputes (Band 2) Arizona Steven A. Hirsch -
Litigation: General Commercial (Band 2) R. Neil Irwin - Real Estate: Zoning / Land Use (Band 4) Lars O. Lagerman — Real Estate (Band 2) Lawrence G. Scarborough -
Litigation: General Commercial (Band 2) California Rachel E. Matteo - Boehm - Media & Entertainment: First Amendment
Litigation (Band 2) Roger R. Myers - Media & Entertainment: First Amendment
Litigation (Band 2) Sharon Z. Weiss - Bankruptcy / Restructuring (Band 4) Colorado Robert H. Bach - Real Estate (Band 1) Timothy R. Beyer -
Litigation: General Commercial (Band 2) Lynn P. Hendrix - Natural Resources & Environment (Band 3) Robert A. Holmes - Real Estate (Band 1) Henry W. Ipsen - Natural Resources & Environment (Senior Statesman) Peter J. Korneffel Jr. —
Litigation: General Commercial (Band 4) Charles D. Maguire Jr. — Corporate / M & A (Band 3) Bobbee J. Musgrave -
Litigation: General Commercial (Band 4) K. Preston Oade - Labor & Employment (Senior Statesman) Donald L. Samuels - Labor & Employment (Band 3) Cliff Stricklin -
Litigation: White - Collar Crime & Government Investigations (Band 1) Mark W. Weakley — Corporate / M & A (Band 3) Georgia Gerald L. Blanchard - Banking &
Finance: Mainly Regulatory (Band 2) R. Joseph Burby, IV —
Litigation: General Commercial (Up & Coming) Frank A. Crisafi - Tax (Band 3) William V. Custer -
Litigation: General Commercial (Band 3) Mark I. Duedall - Bankruptcy / Restructuring (Band 3) Christopher Paul Galanek -
Litigation: General Commercial (Band 4) Robert D. Klingler - Banking &
Finance: Mainly Regulatory (Band 2) Kathryn L. Knudson - Banking &
Finance: Mainly Regulatory (Band 2) Jay J. Levin - Real Estate (Band 3) Thomas R. McNeill - Corporate / M & A (Band 3) Robert Mercer - Bankruptcy / Restructuring (Band 3) Rick Miller - Corporate / M & A (Band 4) Walter G. Moeling - Banking &
Finance: Mainly Regulatory (Senior Statesman) Joan B. Sasine - Environment (Band 3) Louis C. Spelios - Corporate / M & A (Band 4) G. Patrick Watson - Antitrust (Band 1) Illinois Susan E. Brice - Environment: Mainly Transactional (3) Scott Hodes - Media & Entertainment: Transactional (Band 1) Thor W. Ketzback - Environment: Mainly Transactional (Band 3) Linda S. Mensch - Media & Entertainment: Transactional (Band 1) Mary Margaret Moore - Labor & Employment (Band 4) Michael K. Ohm - Environment: Mainly Transactional (Band 2) William J. Wortel — Labor & Employment (Band 4) Missouri (Kansas City & Surrounds) Robert M. Barnes - Corporate / M & A (Band 2) Irvin V. Belzer -
Litigation: General Commercial (Band 3) William Perry Brandt -
Litigation: General Commercial (Band 2) Elaine Drodge Koch - Labor & Employment (Band 2) Craig S. O'Dear -
Litigation: General Commercial (Band 1) James P. Pryde - Corporate / M & A (Band 3) Stephen S. Sparks - Real Estate (Band 2) Robert M. Thompson -
Litigation: General Commercial (Band 2) Thomas W. Van Dyke - Corporate / M & A (Band 1) Missouri (St. Louis & Surrounds) Dan H. Ball -
Litigation: General Commercial (Band 1) Fred W. Bartelsmeyer - Corporate / M & A (Band 2) Steven M. Baumer - Corporate / M & A (Band 3) J. Bennett Clark - Intellectual Property (Band 1) Dennis C. Donnelly - Labor & Employment (Senior Statesman) Robert T. Ebert Jr. -
Litigation: General Commercial (Band 2) Dale A. Guariglia - Environment (Band 1) Edward J. Hejlek - Intellectual Property (Band 2) John W. Hoffman - Real Estate (Band 3) Jerry M. Hunter - Labor & Employment (Band 1) Charles B. Jellinek - Labor & Employment (Band 2) Don G. Lents - Corporate / M & A (Band 1) Bruce E. Lowry Jr. - Real Estate (Band 3) Linda M. Martinez - Real Estate (Band 2) George E. Murray - Real Estate (Band 1) James L. Nouss Jr. - Corporate / M & A (Band 1) Daniel M. O'Keefe - Labor & Employment (Band 2) Steven J. Poplawski - Environment (Band 2) David A. Roodman - Intellectual Property (Band 1) William F. Seabaugh - Corporate / M & A (Band 1) Bettina J. Strauss -
Litigation: General Commercial (Band 3) Thomas C. Walsh -
Litigation: General Commercial (Band 1) R. Randall Wang - Corporate / M & A (Band 2) New York Roberta G. Gordon - Environment: Mainly Transactional (Band 2) J. Kevin Healy - Environment (Band 1) Philip E. Karmel - Environment (Band 2) North Carolina Christopher C. Kupec - Banking &
Finance (Band 2) For more information
about Chambers and Partners, visit their Web site at www.chambersandpartners.com.
This common perception
about litigation funding is one reason why I have long felt that eventually that some form of
litigation financing disclosure is going to be required — indeed, one state has already instituted rules requiring the disclosure.
Joshua Lenon and Eva Shang talk
about Legalist, a form of
litigation finance underwriting for commercial cases based on algorithms and data.
Litigation finance — commonly used by corporations as well as large law firms; a proliferation of well capitalized service providers; and blurred lines
about what it means to «engage in the practice of law» all point to consumer demand for heightened competition and cost reduction in legal delivery.
Previous Native Title Reports have commented on the Commonwealth's respondent funding scheme, 81 noting its effect in hardening the positions of those who already have their interests protected in any event, 82 and its seeming encouragement of
litigation over negotiation.83 During the consultations, an NTRB in Queensland expressed frustration at the inequality created when mining and other companies are
financed directly by the Attorney - General, putting NTRBs (and therefore the traditional owners they represent), with limited funding as described above, at a disadvantage when appearing in arbitration hearings
about the doing of future acts.
On our Portland Real Estate Blog, we have graphs and data to keep you informed
about this rapidly changing market, and we cover topics like,
financing a condo in
litigation.