News and discussion regarding the litigation funding industry.
Litigation funder Augusta Ventures has raised £150M to add to its litigation war-chest. It is understood that the cash has come from a single blue chip investor. Augusta was established in 2014 and has so far committed £98m in funding to 162 cases. Until now, it has mainly targeted small to medium sized cases, primarily with … Continue reading Augusta Ventures Litigation Funder Raises £150M
Burford Claims $140M In Argentina Arbitration Win Burford Capital has announced a big win in their litigation funding efforts. The case was originally brought in 2008 on behalf of the airline Aerolíneas Argentinas who had become bankrupt. The final decision was handed down on Friday the 21st of July 2017. A three-person panel established at the … Continue reading Burford Claims $140M In Argentina Arbitration Win
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
10th of January 2017, Singapore’s Parliament passed the Civil Law (Amendment) Bill 2016, allowing third-party litigation funding. The passing of the Civil Law (Amendment) Bill 2016 is a clear push by Singapore’s to become a centre for dispute resolution. These changes in the law will ensure that Singapore becomes an attractive forum for parties to … Continue reading Singapore Parliament Allows Third-Party Litigation Funding
“There has to be an industry” – Christopher Bogart, the CEO of the litigation financier Burford Capital Bogart has a five-year plan. Bogart told Alison Frankel of the Mail Online that he believes the litigation funding industry is about to become well established. Bogart believes the CFO and general counsel of companies considering expensive litigation will … Continue reading $160 Million Merger Between Burford Capital and Gerchen Keller Capital
The Court of Appeal’s comments in the recent case of Excalibur Ventures LLC v Texas Keystone Inc and others [2014] EWHC 3436 confirms that litigation funding is here to stay as “a feature of modern litigation”. Commentators believe litigation funding is becoming more mainstream and, with increased awareness of funding as an option, it is … Continue reading The Future of Litigation Funding
The term Brexit can be heard everywhere in Britain and abroad. It is a huge moment for the UK and the outcome of the vote will affect Britain for years to come. Many are not happy with the result of the referendum and the decision to leave. A legal challenge has been brought against the … Continue reading Who is funding the Brexit legal challenge?
News and discussion regarding the litigation funding industry. We plan to cover this growing industry as it grows internationally.
