Litigation Financing: A Dangerous Game or Levels the Courtroom Playing Field? July 25, 2023 By Jim Sams In insurance defense attorney Dennis Kass’ world, litigation financing firms lurk behind the scenes, pushing plaintiffs to undergo as much...
Lawmakers in Montana, Louisiana Pass Bills to Require Disclosure of Litigation Funding June 13, 2023 By Jim Sams Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for...
Two More States Pass Bills to Require Disclosure of Litigation Funding June 13, 2023 By Jim Sams Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for...
Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding May 4, 2023 By Chad Hemenway Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party...
Litigation Funders Deployed $3.2B in U.S. Investments Last Year February 16, 2023 By Sara Merken Companies that finance U.S. commercial lawsuits in exchange for a cut of any recoveries upped their investments last year, committing...
New York Surgeon Pleads Guilty to Participating In $31M Trip-and-Fall Fraud October 3, 2022 A New York doctor last week pled guilty to performing unnecessary surgeries as part of a scheme by doctors and...
Federal Court in Delaware Requiring Disclosure of Litigation Funding Agreements April 22, 2022 By Jim Sams Insurers are applauding a decision by the chief judge for the U.S. District Court in Delaware to require parties to...
APCIA Joins Group Pushing for Reforms on Litigation Funding March 3, 2022 By Chad Hemenway A new advocate group in New York that counts the American Property Casualty Insurance Association (APCIA) as a member is...
Reinsurer Says U.S. Should Regulate $17 Billion Litigation Funding Industry December 13, 2021 By Jim Sams Litigation funding has become a $17 billion industry globally, with 52% of that money being spent in the United States,...
Australia Weighs Capping Fees for Litigation Funders, Lawyers as Class Actions Surge May 28, 2021 By Paulina Duran SYDNEY – Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for...