Fortress Targets $1 Billion for Latest Litigation Finance Fund January 30, 2025 By Esteban Duarte and Carmen Arroyo Fortress Investment Group is seeking to raise about $1 billion for its latest fund in litigation finance, a sector in...
Google Endorses Bill to Reveal Funders Backing Lawsuits October 16, 2024 By Emily Birnbaum Google is endorsing a bill that would require people filing lawsuits to disclose who will be paying for – and...
Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources October 8, 2024 By Chad Hemenway There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight...
Hospitals Seen as Potential Growth Area for Litigation Financing October 2, 2024 By Dorothy Ma and Emily R. Siegel The litigation-financing industry could see new demand from an increase in health care lawsuits, according to Christopher Bogart, chief executive...
Florida Senate Committee Adopts Litigation Funding Rules; Expands Wrongful Death January 23, 2024 By William Rabb Litigation financing could soon become more transparent and less influential in Florida, but a 34-year-old restriction on who can file...
Fortress Has Plowed $6 Billion Into Other Companies’ Lawsuits October 20, 2023 By Laura Benitez Fortress Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding...
Litigation Financing: A Dangerous Game or Levels the Courtroom Playing Field? July 25, 2023 By Jim Sams In insurance defense attorney Dennis Kass’ world, litigation financing firms lurk behind the scenes, pushing plaintiffs to undergo as much...
New York Attorney Sentenced in Multi-Million Dollar Litigation Financing Scheme July 29, 2022 A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt...
Markets/Coverages: Palisade Legal Risk MGU; Tokio Marine Kiln IP Abatement; Marsh Cybersecurity Marketplace April 12, 2022 Palisade Partner Launches Specialty Managing General Underwriter Palisade Insurance Partners, a specialty managing general underwriter, has been launched with plans...
Hedge Funds Turn Lawsuit Bets Into a $39 Billion Industry November 16, 2021 By Ellen Milligan and Katharine Gemmell Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at...