Latest News
News and tips—for your legal financing well-being.

The New Illinois’s Consumer Legal Funding Law
The Governor of Illinois has signed SB 1099, the Consumer Legal Funding Act. Illinois has now joined the states of Maine, Ohio, Nebraska, Oklahoma, Indiana, Vermont, Tennessee, Nevada, and Utah,

Delaware Judge Mandates The Disclosure of Litigation Funding
In recent times, third-party litigation funding has been gaining traction all over the country. Litigation financing firms provide non-recourse funding to insolvent parties with meritorious claims in an arrangement agreed

Sears expects $35mm in litigation funding
What happens when you’re suing for billions in damages and go broke in the process? Well, simple. You turn to other people for help, in this case, litigation financiers. And

Court Denied Facebook Motion to Disclose Plaintiff’s Litigation Funder Info in Trade Secret Lawsuit
Neural Magic, an artificial intelligence start-up, filed a lawsuit against Facebook and Aleksandar Zlateski for the unauthorized use of their trade secrets. According to the claim, Aleksandar Zlateski was associated

Implications Of The Proposed Rule of New Jersey On Disclosure Of Litigation Funding
In contemporary times, the use of litigation funding has emerged as an essential aspect of the civil justice system. It provides assistance to litigants during the pendency of their lawsuit

New York Litigation Funder Arrested for 31 Million Dollars Trip and Fall Fraud Scheme
Adrian Alexander has been arrested and charged for committing mail and wire fraud in the 31 Million dollars trip and falling fraud scheme. He is the fifth person to be

10 Biggest Personal Injury Verdicts & Settlements Of All Time
The law entitles people having suffered injuries from others’ negligence to seek redressal for their losses. In cases of personal injuries, plaintiffs can claim medical costs and any incomes they

Litigation Financing Case in Minnesota Supreme Court
Litigation financing companies operate in many states of the USA and provide their financing services to clients. As the industry is still in its nascent stage, there are no meaningful