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

First Full Service Litigation Funder Opens In Germany

Therium Group has decided to become the first full-service litigation funder in Germany. Therium Group are one of the biggest third party funders globally. They currently have more than $300 million in committed capital. Therium has identified an appetite for litigation funding in Germany. It is reportedly driven by the increasing number of corporate and commercial disputes being … Continue reading First Full Service Litigation Funder Opens In Germany

Ethical Fears Regarding Litigation Funding Persist

Lake Whillans & Above The Law conducted a survey in 2016 to better understand how litigation funding is evolving. Their research was focused on understanding how clients view litigation funding and what might be holding the industry back. They focused on solo practitioners, in-house counsel, law firm partners and counsel and law firm associates. From … Continue reading Ethical Fears Regarding Litigation Funding Persist

University Endowment Fund Invests in Litigation Funding

Litigation Funding as an asset class is growing. The major appeal being that the returns are not related to movements in the capital markets. This is exactly the reason quoted by Kevin Hegarty, executive vice president and chief financial officer “The strategy will be diversifying for the portfolio in that the returns are almost entirely independent of … Continue reading University Endowment Fund Invests in Litigation Funding