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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 Amy Guthrie | April 4, 2023
Burford Capital could see a payout in the billions of U.S. dollars after backing a moonshot case for investors burned by Argentina's nationalization of oil company YPF.
3 minute read
By ALM Staff | April 3, 2023
This ruling was selected and summarized by the New York Law Journal's decision editors.
2 minute read
By Justin Henry | March 28, 2023
Texas-based Virage Capital Management claims the beleaguered Philadelphia firm owes over $13 million after defaulting on a 2017 loan.
4 minute read
By Dan Roe | March 22, 2023
Large corporate clients are increasingly tapping midsize and specialty shops for their litigation matters, but lower rates are only one part of the story.
9 minute read
By Ross Todd | March 15, 2023
Sysco last month fired Boies Schiller Flexner partner Scott Gant after the company feuded with Burford Capital, the litigation funder financing the antitrust litigation Gant was handling.
6 minute read
By Anne Bagamery | March 6, 2023
As Europe opens its arms, cautiously, to mass litigation and class actions, litigation funders are seeing opportunity—and ramping up their plans to seize it.
4 minute read
By Robert S. Silver | February 22, 2023
Litigation costs can be carefully controlled if one keeps their eye on the ball and is proactive with outside counsel and expenses.
7 minute read
By Justin Henry | February 16, 2023
New capital commitments for commercial cases grew by 16%, but the share of this capital deployed on cases handled by the 200 largest firms dropped from 41% to 28%.
5 minute read
By Justin Henry | February 14, 2023
Litigation funders are eager to make equity investments in law firms, but partner resistance and regulatory uncertainty present major obstacles.
6 minute read
By David Perla | February 10, 2023
In the wake of the 2008 global financial crisis, many firms sought to bring expenses under control by cutting headcount. But there are arguably better ways to offset the loss of transactional work.
6 minute read
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/