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...The couple’s legal team said LCF’s collapse was a “tragedy” but that the litigation “has not been the proper way to wind up the affairs of LCF and London Oil & Gas”....
...He rolls up his sleeves,” said Karen Massey, chief commercial officer at biotech company Argenx, who worked with him at Roche....
...Law firms can also fund cases under a similar no win, no fee model, but those taking on climate claims tend to be specialist firms rather than big commercial practices that might have conflicts of interest...
...Third-party litigation finance (TPLF) is not always a David vs Goliath affair. Two-thirds of TPLF settlements for commercial litigation go to large rather than small companies, according to Swiss Re....
...The Ministry of Justice said: “The UK continues to be a global hub for litigation and legal services....
...This method of funding, involving independent commercial funds, allows expensive litigation or arbitration cases to go ahead....
...founder of Burford Capital, the now-public company credited with developing the nascent litigation finance industry into a commercial juggernaut....
...The case was described by a judge at an earlier stage of proceedings as “one of the largest and most complex pieces of litigation to be heard in the Commercial Court”....
...actors do not enjoy immunity from lawsuits regarding violations of their commercial obligations”....
...“This type of litigation is damaging to Israel.”...
...Texas is the new booming venue for large commercial litigation. (Before diving into Texas’s new legal prominence, it’s worth soaking in Icahn’s story.)...
...“What I’m seeing is a distinct narrowing of the gap that’s been there historically between civil, commercial and criminal litigation, and what that means is a far greater use of civil enforcement powers...
...Sri Lanka has filed a motion to stay the litigation for a period of six months while it conducts sovereign debt restructuring negotiations with sovereign and commercial creditors. ECF Nos. 53-55....
...“You can’t silo out the Rolls Building,” she said, referring to the flagship City of London venue that hears commercial disputes....
...After Ferdinand was ousted in 1986, 40 Wall Street became trapped in litigation over who actually owned it....
...US property and casualty insurers could face $40-180B in losses related to PFAS litigation....
...However, the new rules are likely to principally benefit profit-seeking plaintiff law firms and litigation-funding companies,” he said....
...Tim West, commercial litigation partner at Ashurst, said litigation funders with cases before the Competition Appeal Tribunal will need to “move quickly to review and potentially replace their funding arrangements...
...Sri Lanka seeks a six-month stay of this litigation while it conducts sovereign debt restructuring negotiations with sovereign and commercial creditors....
...As for Texas, it cemented a reputation as a place where companies would actively avoid blockbuster commercial litigation over worries of risky and unsophisticated jurisprudence....
...Even before its default, which was first reported by commercial real estate newsletter The Promote, Brooklyn Tower was a talking point....
...“I thought it was commercial madness,” he told the inquiry. Professional regulators are awaiting the conclusion of the inquiry....
...“The Smartpay business was at all times a significant commercial operation....
...Last March, Judge Loretta Preska — no stranger to sovereign litigation — ruled against Argentina; in September, she entered a $16bn judgment for Burford, of which the litigation financier is entitled to...
...Nos. 44-48, 52, while Sri Lanka has filed a motion to stay the litigation for a period of six months while it conducts sovereign debt restructuring negotiations with sovereign and commercial creditors, Dkt...
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