Burford Sells 15% of Their Interest In The Peterson Group Lawsuit For $66 Million Dollars

Burford Capital Ltd announced yesterday that they have  sold a further tranche of participation interests in possible future proceeds from its investment in the Petersen lawsuit. The Petersen lawsuit is a multi-billion dollar litigation against Argentina following its nationalisation of energy company YPF in 2012. Background Liquidators Petersen Group originally held a 25% stake in … Continue reading Burford Sells 15% of Their Interest In The Peterson Group Lawsuit For $66 Million Dollars

Scotland Moves Toward Disclosure Of Third Party Funding

On the 1st of June 2017 the Scottish Government introduced the Civil Litigation (Expenses and Group Proceedings) Bill. Most of the discussion to date has centred around the introduction of Damages Based Agreements and Speculative Fee Agreements. For those avid readers of this blog, however, Part 2 Section 10 is likely to be of deep … Continue reading Scotland Moves Toward Disclosure Of Third Party Funding

Ireland’s Supreme Court Maintains Law Against Third Party Funding In Ireland

This case itself concerns the claimants allegations that there was impropriety in a tender process resulting in the award of a mobile phone licence to Esat Digifone in 1996.  As the claimants bid was unsuccessful they claim this resulted in a material loss. In order to bring their claim before the courts they needed to raise … Continue reading Ireland’s Supreme Court Maintains Law Against Third Party Funding In Ireland

Clients, Companies and Legal Teams: What Are Your Litigation Funding Options?

Clients, Companies and Legal Teams: What Are Your Litigation Funding Options? The litigation funding and insurance market is growing rapidly. Whether you are a solicitor advising your client, in-house counsel considering your options or a company deciding how to finance a claim this guide is designed to help explain all your options. Perhaps you have … Continue reading Clients, Companies and Legal Teams: What Are Your Litigation Funding Options?

Ireland May Be About To Open For Litigation Funders

Last year, High Court Judge Aileen Donnelly refused permission for a UK firm to provide funding for a case involving businessman Tony Boyle against billionaire Denis O’Brien, former Fine Gael minister Michael Lowry and the State. Mr Boyle claimed his company, Persona Digital Telephony, failed to secure a mobile phone licence in 1996 that was … Continue reading Ireland May Be About To Open For Litigation Funders