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Litigation Daily

Another Look at How AI Is Shaping Litigation Finance

Eva Shang, the CEO and co-founder of litigation funder Legalist, describes how generative AI helps shape its outreach to lawyers.
6 minute read

International Edition

Class-Action Reform in France Awaits Parliament's Pleasure—and Waits, and Waits...

Because of disagreement between the two chambers, the French legislature is already a year late in passing a national law under the 2020 EU Representative Actions Directive. Until it does, group actions and litigation funding are stalled, lawyers say.
8 minute read

International Edition

Rugby Brain Injury Lawsuit Spotlights Role of Litigation Funding

The importance of litigation funding in UK class actions has been in the spotlight over recent months—particularly since the renewed attention on the Post Office Horizon scandal.
4 minute read

The American Lawyer

Revenues Triple at Largest Public Litigation Funder as Earnings Per Share Grow 19x

Burford Capital's revenues rose to $1.1 billion in the 2023 fiscal year. The company's shares on the New York Stock Exchange climbed 4.4% on the results.
4 minute read

International Edition

'It's a Bit of Bad Luck for the First Litigants': Claimant Firms, Funders and Defense Lawyers on the Growing Pains of the Netherlands' New Collective Action Regime

Only three of the dozens of cases backed by litigation funders have made it past the first legal hurdle to a trial since the overhaul of the country's collective action regime.
7 minute read

New York Law Journal

Litigation Funding Is an Asset—Not an 'Albatross'—to New York's Civil Justice System

If men were angels, government would not be necessary—and nor would litigation finance. But we are not angels, litigation is often an effective tool to ensure compliance with the law, and litigation is extraordinarily expensive, a litigation finance expert.
5 minute read

International Edition

Four South American Countries File Amicus Briefs Urging US Court to Overturn $16.1B Ruling Against Argentina

Foley Hoag filed on behalf of Brazil and Uruguay, while Orrick, Herrington & Sutcliffe filed for Chile and Ecuador in support of a Sullivan & Cromwell attempt to reverse the verdict against Argentina.
5 minute read

International Edition

UK Expected to Relax Litigation Funding Rules, Reversing Supreme Court Ruling

In addition to new legislation, the government said it was also considering options for a wider review of the sector and how third-party litigation funding is carried out.
3 minute read

The American Lawyer

Awaiting $6.2B Payout From Argentina, Burford Nets Kobre Partner Handling Foreign Asset Recovery

Burford Capital, the world's largest publicly traded litigation funder, is building up its team of lawyers dedicated to enforcing rulings in which foreign assets are at stake.
5 minute read

New Jersey Law Journal

Shhh ... Litigation Funding Can Remain Confidential—For Now

"Due to the lack of transparency in [third-party litigation funding] arrangements, parties to litigation and judges are oftentimes not aware of potential conflicts of interest, have no reasonable way of gauging improper outside influence by funders on litigation strategy or settlement decisions, or other ethical concerns with funding arrangements," said Anthony Anastasio, president of the New Jersey Civil Justice Institute.
5 minute read

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