Third party


Insolvency funder makes rapid progress during lockdown

Insolvency litigation funder Manolete Partners has had a strong lockdown, with revenue, profit and new case investments all rising sharply, its half-year results have shown.

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Lawyers and funders join forces to standardise documentation

A host of well-known litigation funders have signed up to an industry wide initiative to develop model funding documentation, launched by the London office of US law firm Brown Rudnick.

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Law firm fined for holding funder’s money in client account

A law firm which held money on behalf of its then litigation funding subsidiary has been fined for allowing its client account to be used as a banking facility.

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Three-quarters of lawyers say firms have used litigation funding

Three-quarters of lawyers at big law firms and major corporations say their businesses have used litigation funding, more than twice the number from three years ago, a report has found.

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Latest results keep Burford share price moving upwards

Burford Capital’s share price is rising steadily as it claims the latest results show that concerns about its business model that saw a short-selling attack last year are misplaced.

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LCM eyes new fund after sharp rise in funding applications

Listed funder Litigation Capital Management expects to have committed the $150m (£117m) it raised in March by the end of the year as demand continues to increase at a brisk rate.

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Insolvency litigation funding continues to thrive in lockdown

Lockdown does not appear to have affected the business of funding insolvency litigation, with market-leader Manolete Partners acquiring or funding 84 new cases since April.

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Contingent and third-party funding on the up at Rosenblatt

City firm Rosenblatt is ramping up its use of contingent funding agreements, while its litigation finance arm has now invested in nine cases, the listed business’s half-year results have shown.

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