In Hamilton Capital VII, LLC v. Khorrami, LLP, New York Supreme Court Justice Shirley Werner Kornreich disagreed with Defendant’s argument that the litigation finance agreement at issue constituted impermissible fee-sharing with a non-lawyer.
More importantly, Justice Kornreich recognized that “providing law firms access to investment capital where the investors are effectively betting on the success of the firm promotes the sound public policy of making justice accessible to all, regardless of wealth.”
The Committee On The Judiciary of the United States Senate has announced an inquiry into third party litigation financing in the US. Read here for Bentham IMF’s statement about this inquiry:
Ralph Sutton was both the lead-off and wrap-up player at the 9th Annual Judicial Symposium in Civil Justice Issues given by George Mason University School of Law. Presenting to a group of sixty Federal and State judges, Ralph kicked off the session on litigation funding with an introduction to commercial litigation financing. After two law professors and a partner at an esteemed national law firm presented their views on aspects of commercial litigation funding, Ralph made sure that any questions on the validity of commercial litigation's benefits to access to justice were dismissed by his talk on "Debunking Myths Surrounding Third Party Financing of US Litigation".
More recently, Nazi-looted art has gained focus in the mainstream due to various movies as well as in the German Cornelius Gurlitt case. However, it is not as simple as finding the rightful heirs of the art. In many cases, several issues arise. Read Chris Michaels' article, "Statute of Limitations in Looted-Art Cases," in The Legal Intelligencer for an in-depth analysis.
As Congress is on the verge of passing new laws intended to curb patent trolls, it will be interesting to see how these laws will affect the alternative litigation finance industry.
Jim Batson will be co-leading a panel at the Legal Marketing Association’s P3 conference entitled “Litigation Financing: A Potential Game Changer for Risk-Sharing Engagements” on June 10, 2015. Register today!
Bentham's Ralph Sutton will present a program on Third Party Litigation Financing at the 9th Annual Judicial Symposium on Civil Justice Issues at George Mason University School of Law. Register for this event today!
Jim Batson will participate in Premier Cercle's IP Finance seminar "IP Litigation: The New Business of Litigation Finance" on May 14, 2015. Sign up today!
Jim Batson will participate at the upcoming program "The Globalization of Securities Litigation" sponsored by Baker & McKenzie LLP where he will discuss litigation funding and how parties can look to it as a resource when litigating securities matters.
The Delaware Superior Court's recent decision in Charge Injection Technologies v. E.I. DuPont De Nemours & Company falls in line with the Delaware Chancery Court's decision in Carlyle v. Moonmouth Company that the terms of a litigation finance agreement are protected from disclosure under the Work Product Doctrine.
Bentham's Jim Batson will discuss the use of litigation funding in intellectual property matters at a seminar with Renee Rothauge of Markowitz Herbold PC at the Litigation Counsel of America's 2015 Spring Conference and Celebration of Fellows on April 15-17.
On Monday April 6, 2015, Bentham IMF U.S. and Bentham Europe teamed up to give a joint lecture about third party litigation finance at the Florida International University School of Law.
Our Chief Marketing Manager, Marianne Talbot, possesses a unique combination of litigation and marketing experience that is key to growing Bentham's presence in the United States. Please join us in extending a warm welcome to Marianne!
The Thomson Reuters 2nd Annual West Coast Legal Executive Forum in San Francisco, California will discuss and address various issues legal executives are faced with in this post-recession era.
Jim Batson participated on a panel discussion this week at the NYIPLA CLE program "Keeping It Profitable: Creating and Managing Alternative Fee Agreements in IP Cases." Read on for a short summary and link to a great article summarizing how alternative fee arrangements can be beneficial to your law practice.
In Carlyle Investment Management L.L.C., et al. v. Moonmouth Company S.A., et al., the Delaware Chancery Court determined that the Work Product Doctrine protected litigation funding documents from discovery.
The 2015 SCG Legal Spring Conference in Miami, Florida will highlight various ways available to law firms that will enable them to maneuver through the changing legal landscape resulting from the 2007-2009 global financial crisis.
The results of the 2014 Altman Weil survey of 186 Chief Legal Officers ("CLOs") raises some interesting questions as to how CLOs will further reduce and control costs for their firms. A seven year trend of continued decreases in the use of outside counsel begs the question as to what other resources CLOs can look at to help alleviate the high costs and risks associated with litigation. It will be interesting to see the results of Altman Weil's 2015 survey and whether the litigation finance industry will see an increase in use by CLOs.
