By Charles Toutant | December 16, 2021
The effect of the second mortgage was "to further encumber the property and distance it from plaintiff," and Mitnick, his wife Fern, and his law firm acted "with the intent to hinder, delay or defraud plaintiff in its efforts to collect on Mitnick Law's obligations to plaintiff," the suit claims.
New Jersey Law Journal | Analysis
By Carl J. Schaerf and Gary N. Smith | July 21, 2021
New Jersey's new local federal rule seems intended to strike a balance, requiring a showing of good cause before chasing down records that might be compromising.
By Charles Toutant | June 21, 2021
"Our rule strikes the balance that was needed between those who were concerned that it would open up the floodgates of disclosure, and those who felt we needed to provide certain basic information," said Steven Richman, who helped formulate the new rule.
New Jersey Law Journal | Commentary
By By Eric Blinderman, Allison Chock, Andrew Cohen and Dai Wai Chin Feman | June 11, 2021
There is already a robust framework in place for courts and litigants to obtain evidence regarding legal finance arrangements. Mandatory disclosure of any legal finance arrangement will result in needless fishing expeditions with respect to those finance relationships.
By Charles Toutant | January 6, 2021
We asked New Jersey lawyers about litigation trends they expect in the first half of 2021, and they had a lot to say.
By Phillip Bantz | October 19, 2020
"You're talking about a staggering sum of money that's waiting to be turned into cash and waiting to be financed and monetized," said David Perla, co-chief operating officer at Burford Capital.
By Dan Packel | August 4, 2020
In its first guidance on the booming tool since 2012, the group urged lawyers working with outside funders to be exacting and detail all arrangements in writing. But they stopped short of saying the arrangements should be disclosed to the court.
By Vanessa Blum | Leigh Jones | January 17, 2020
Third-party funding is a recipe for Big Law attorneys to increase their book of business and make clients happy, says Legalist GC Curtis Smolar, a former Fox Rothschild partner.
New Jersey Law Journal | Analysis
By Vincent Lodato | December 12, 2019
With the increasing costs of mass tort litigation, and the expanding role of third-party litigation funders, familiarity with judicial decisions addressing the discoverability of litigation funding is particularly important.
By Angela Morris | November 21, 2019
Two attorneys from an Iselin firm are facing a $1 million lawsuit—the latest example of a nationwide trend in which litigation funders pursue law firms alleging nonpayment of litigation loans.
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