Peter Crossen - The growing list of litigation funding companies normally sees investment banking types setting up funds. But in the case of litigation startup Legalist the founder is a 23 year old Harvard dropout - just the sort of person to attract the attention of venture capital funders like Peter Thiel. Legalist founder Eva Shang founded the company with classmate … [Read more...]
Augusta Raise $115 Litigation Funding
Investment in response to growing demand from lawyers Powered By LawFuel -Augusta, the UK’s largest litigation and disputes funder by case volume announces it has raised a further US $115m from a multi-billion-dollar US-based investment manager. In 2018, Augusta secured GBP £150m from a global investment fund, to finance business growth and investment in funding cases. In … [Read more...]
Law Commission Green Lights Litigation Funding Review
The Law Commission is proceeding with its review of litigation funding, after a period with some high profile cases that have created a higher-than-ever interest in what litigation funding means for litigants. Recent high profile class action-type cases in New Zealand include the recent case taken against the directors of Mainzeal, the PSA kiwifruit action, the action … [Read more...]
Litigation Funding Group Lodges Bias Complaint Against Chief Justice Sian Elias
In a dramatic move the leading litigation funding group LPF Group have laid a complaint against chief justice Dame Sian Elias alleging that her actions had brought a "breach of natural justice, judicial bias and a failure to disclose potential conflicts of interest." In a press release issued today, the company, of which former Supreme Court Justice Bill Wilson is a director, … [Read more...]