litigation financing News

Google Endorses Bill to Reveal Funders Backing Lawsuits

Google is endorsing a bill that would require people filing lawsuits to disclose who will be paying for – and profiting from – the litigation. The bill, introduced last week by California Republican Representative Darrell Issa, would require plaintiffs to …

Push for Disclosure Grows as Litigation Financing Becomes More Commonplace

The privacy once enjoyed by investors who finance other people’s lawsuits was rarely questioned before Hulk Hogan brought a media spotlight onto the niche industry by winning a $140 million jury verdict that forced the Gawker website into bankruptcy. When …

For the World’s Super Rich, Litigation Funding Is the New Black

When shares of AMP Ltd. plunged earlier this year after the firm was engulfed in a fee-for-no-service scandal, the Australian wealth manager was hit within weeks by the first of five separate class action lawsuits. It wasn’t just the seriousness …

Litigation Financing Targets Commercial Auto, Trucking Firms

Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend of investor funded litigation …

Fighting Commercial Auto Frequency, Severity Drivers With Technology

Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit last week. There’s been a focus on commercial auto underwriting losses …

Hulk Hogan’s Lawsuit Gets Bankrolled by Billionaire

Is Hulk Hogan’s courtroom cage match with Gawker being bankrolled by a high-tech billionaire with a grudge against the news-and-gossip site? Two months after Hogan won a $140 million invasion-of-privacy verdict against Gawker for posting a sex tape of him, …