In a short space of time, Environmental, Social and Governance (ESG) has come to sit at the top of many corporate agendas. No longer a movement, ESG is underpinned by the reality that the majority of the billions of individuals, who are both the customers and the ultimate source of the debt and equity capital … Continue reading Why litigation funding and ESG go hand in hand
Every growth industry has its critics, usually those with most to lose. Litigation funding is no different and they will be rubbing their hands with glee at the ongoing Australian review considering capping funders’ returns at 30% of the award. This would have far reaching consequences for the whole industry. However, a closer look at … Continue reading Funders’ pricing and the real value of litigation risks
Why is customer service an anathema in the third-party litigation funding (TPLF) industry, viewed as some “thing” that matters only when eating out in a restaurant, buying a car or staying at a hotel? We hear lots of consultant-inspired corporate tag lines (“internationally recognised”, “global force”, “market leading”, “strong track record”, “in-house underwriting capabilities”, to … Continue reading How to work a litigation funder
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.