Last month, international law firm Brown Rudnick announced the launch of an initiative to create standardised documentation for the litigation funding market. Teaming up with numerous funders, insurers, brokers and other associated professionals, it made reference to the standardisation of documentation in the syndicated loan market, driven by the Loan Market Association (LMA), as an … Continue reading Litigation funding: the debate over standardised documentation
Is the litigation funding industry under existential threat? That’s certainly what some are suggesting following recent events in Australia, which culminated in the enactment of legislation headlined, “Litigation funders to be regulated”. While that may seem an overreaction to what is regulation only for Australia class actions (and who can blame them given the recent … Continue reading Addressing the existential threat to litigation funding
Well done, everyone. We’ve done it. We’ve put litigation funding on the map. They used to call us “charlatans”, “immoral” and “seeking access to profits from others’ miseries”. But it was all worth it.