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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 Kenneth Epstein and Eric B. Fisher | March 14, 2018
Third-party litigation funding promises to become a more regular feature in bankruptcy litigation, just as it has become more prevalent in general civil litigation. To this point, the Bankruptcy Code has proven flexible enough to address this phenomenon.
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By Andrew Cohen | March 14, 2018
Over the past three years, the law has even more strongly reinforced the protection under the work product doctrine of documents created in connection with litigation finance, or produced to litigation finance providers over the course of diligence and investment.
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By Amanda Bronstad | March 13, 2018
Yahoo now faces the possibility of punitive damages over recent data breaches, which have impacted a total more than 3 billion user accounts, after Judge Lucy Koh refused to dismiss the case.
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By Max Mitchell | March 12, 2018
Thrivest said it has asked for the conference so it can get clarity about the scope of Judge Anita Brody's orders and whether Thrivest can appeal.
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By Max Mitchell | March 8, 2018
A clear line of case law is emerging that holds litigation funding agreements are generally not subject to state usury restrictions, but a pair of high-profile cases—one that arose out of the $1 billion NFL concussion settlement and the other linked to a fund for 9/11 victims—may complicate matters.
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By Samantha Joseph | March 7, 2018
The issue of attorney fees for foreclosure defense lawyer has taken center stage in recent weeks.
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By Gabrielle Orum Hernández | March 6, 2018
Following its new direction, Mighty this week announced it had raised $114 million for growth and development in its latest funding round.
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By Max Mitchell | March 2, 2018
A Philadelphia attorney is seeking to appeal a nearly $230,000 judgment against him for allegedly failing to pay back a $25,000 litigation funding loan, but the judge overseeing the case has urged the Pennsylvania Superior Court not to take up the case.
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By Ben Hancock | February 28, 2018
The survey also showed that corporate legal departments often drive the decision to use third-party funders, but that many in-house lawyers have ethical reservations.
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By Zack Needles | February 28, 2018
Finding that the arrangement did not run afoul of New York usury laws, the Third Circuit has ruled that a litigation funder is entitled to a chunk of the proceeds from a plaintiff's settlement of a legal malpractice lawsuit against Reed Smith.
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