US Chamber of Commerce Weighs in on Funding Disclosures; Bloomberg Predicts Sector Growth and Woodsford Discusses IP Litigation Funding

US Chamber of Commerce Weighs in on Funding Disclosures; Bloomberg Predicts Sector Growth and Woodsford Discusses IP Litigation Funding

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Regulatory: Chamber of Commerce Poll Finds Majority of US Voters Support Disclosure of Litigation Funding

U.S. Chamber of Commerce Institute for Legal Reform?released the?results of a poll?where they asked respondents whether they supported the idea of mandatory disclosure for third-party funding agreements. The poll found that a majority of voters, 69%, supported such a proposal, with broad support from voters across the political spectrum.

The poll also reported that an even greater majority of voters, 82%, opposed the idea of allowing foreign governments to invest in litigation targeting American companies. Read the full article >>

Innovation: Bloomberg Research Indicates Litigation Finance Industry Set to Grow in 2023

Despite global economic instability, litigation finance has been touted by industry leaders as a resilient industry that remains insulated from market fluctuations, and stands out as a lucrative alternative investment.

A new article by?Bloomberg Law?analyzes the results of its?2022 Litigation Finance Survey, which found that while a minority (10%) of lawyers have used or considered litigation finance, a third of these legal professionals indicated they are more likely to utilize third-party funding than they were in 2021. Read the full article >>

Deals: Woodsford Discusses Approach to IP Litigation Funding

There has been much commentary in recent months on the role of litigation finance for intellectual property disputes, as it continues to represent a large share of all third-party funding commitments. In Nyemaster Goode, P.C. 's latest segment of their On Intellectual Property podcast, host Jeff Harty was joined by Woodsford 's Bob Koneck and Robin Davis for a wide-ranging conversation on this area of funding, breaking down why litigation funding is so sought after in this industry, and what types of cases funders will pursue. Read the full article >>

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