PACCAR Reversal?; What to Expect in 2024; Benefits of Standardizing LFAs; and Parabellum Closes $754M LF Fund
Legal Funding Journal
The leading community-based thought leadership platform informing and engaging the global legal funding sector.
The following is an excerpt from our free weekly LFJ newsletter.? Subscribe here and get all the latest in litigation finance straight to your inbox each Friday.
Regulatory: The Potential Benefits of Standardizing Litigation Funding Agreements
In an opinion piece published on?Bloomberg Law, Tets Ishikawa, managing director at LionFish Litigation Finance Limited, has suggested that implementing some form of standardization across litigation funding contracts could bolster these efforts to improve the industry’s reputation. He argues that ‘standardized agreements can play a pivotal role in improving transparency in litigation funding,’ thereby offering a solution to one of the most commonly voiced critiques of third-party funding. Read the full article >>
Events: LFJ Digital Event - Litigation Finance: What to Expect in 2024
What does 2024 have in store for the litigation finance sector??2023 was an eventful year marked by continued growth in funding activities, regulatory challenges, and new firms entering the sector across the globe.
Join Litigation Finance Journal on February 8th as we convene a panel of industry subject matter experts who will provide their insights around what to expect in 2024.
Our panel incudes:
Michael German,? Co-Founder & Chief Investment Officer at Lex Ferenda Litigation Funding LLC
Justin Brass, Co-Founder and Senior Managing Director at JBSL Legal Finance??
Gian Kull, Senior Portfolio Manager at Omni Bridgeway
David Gallagher, Co-Founder and Managing Director at LitFund - The Litigation Fund
The event will be moderated by Peter Petyt, Co-Founder of 4 Rivers Services
领英推荐
See full event details and register here >>
Regulatory: UK Justice Secretary says Government Will Reverse ‘Damaging Effects of PACCAR’
In an article from the?Financial Times, the UK justice secretary, Alex Chalk KC stated that the government “will be reversing the damaging effects of PACCAR at the first legislative opportunity.” This latest statement firmly establishes the government’s position with regard to the Supreme Court’s ruling, building upon its efforts to reduce the impact on UK litigation funding through the amendment to the Digital Markets, Competition and Consumers Bill (DMCC). Read the full article>>
Brown Rudnick LLP 's 2024 European Litigation Funding Conference will take place in London on March 14th. For full event details and to register visit the event page.
Fundraising: Parabellum Capital Closes $754 Million Litigation Fund
Reporting from?Bloomberg Law?covers the news that Parabellum Capital LLC has closed on a $754 million litigation finance fund, with at least two-thirds of that capital reportedly already committed to 50 investments. Speaking with Bloomberg Law, Parabellum’s CEO and co-founder, Howard Shams said that litigation finance “is moving out of infancy and moving into a state of maturity,” and explained that serious investors “can recognize this as a way to make money over and over again with excellent results. ”Commenting on the strength of Parabellum’s position in the market, Rebecca Berrebi, Esq., litigation finance broker and consultant, stated that “the proof of their success is in their ability to fund-raise large amounts. Read the full article>> #litigationfunding #legalfinance #litfin #litigationfinance
Want to stay up to date on all the latest in litigation finance?? Subscribe to our free newsletter or become a member to access all premium content - podcasts, interviews, special features and 6+ years of archived content.