Litigation Funding Arrangements must be Disclosed Under Wisconsin Law

Wisconsin Gov. Scott Walker signed legislation last week that forces all third-party litigation funding deals to be disclosed. The deals must be reported even if no discovery request has been made. Burford Capital view this as an accidental outlier and predict a backlash from business. It is known as Wisconsin Act 235 and requires all litigants … Continue reading Litigation Funding Arrangements must be Disclosed Under Wisconsin Law

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

American Litigation Finance Firms Retain Right To Anonymity

Transparency in litigation finance is a hot topic. Many are pushing for more disclosure regarding the identity of who is funding litigation. In June court officials proposed amendments to an existing rule which deals with the disclosure of interested parties in a case. They suggested adding funders to this list. However, on the 23rd of … Continue reading American Litigation Finance Firms Retain Right To Anonymity