Lawmakers in Mont. and La. Pass Bills to Require Disclosure of Litigation Funding June 12, 2023 By Jim Sams Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for...
NY Attorney Gets Three Years in Cash4Cases Litigation Funding Scheme July 29, 2022 By Andrew G. Simpson A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt...
11th Circuit Revives Investor-Funded Medicare Secondary Payer Act Lawsuit Against Insurers July 20, 2022 By Jim Sams A Miami-area collections company backed by litigation-funding investors has won another appellate court victory over insurers, persuading a panel of...
Federal Court in Delaware Requiring Disclosure of Litigation Funding Agreements April 21, 2022 By Jim Sams Insurers are applauding a decision by the chief judge for the U.S. District Court in Delaware to require parties to...
APCIA Joins Group Pushing for Reforms on Litigation Funding March 3, 2022 By Chad Hemenway A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is...
Condo Collapse and COVID Court Rulings Among the Top Stories for 2021 December 30, 2021 By Jim Sams The collapse of a Miami-area condominium tower and efforts to achieve a fair resolution for the victims was the Claims...
Swiss Re: Litigation Funders Driving Social Inflation, ‘Outsize’ Verdicts December 10, 2021 By Jim Sams Swiss Re said in a report released Thursday that litigation funding has become a $17 billion industry globally, with 52%...
Apollo, Centerbridge Backed PG&E, Funded Loan to Firm Suing It April 30, 2020 By Mark Chediak and Peter Blumberg Two major investors in PG&E Corp. are also backing a loan to one of the law firms suing the bankrupt...
For the World’s Super Rich, Litigation Funding Is the New Black August 28, 2018 By Emily Cadman When shares of AMP Ltd. plunged earlier this year after the firm was engulfed in a fee-for-no-service scandal, the Australian...
Former Georgia Lawyer Accused of Using Client Names to Apply for Advances August 15, 2018 Federal prosecutors in Atlanta, Ga., say a former lawyer used the identities of three dozen former clients without their knowledge...