Third-Party Financing

Westlaw Journal Class Action, Volume 21, Issue 2, April 2014

Law Finance Group announced Feb. 11 that it is prepared to provide funding to plaintiffs’ attorneys in the massive multidistrict litigation over Chinese-manufactured drywall who are still waiting for payment a year after approval of settlements worth $1 billion. The attorneys have filed more than 10,000 suits across the country since 2009 over the defective drywall from China.

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Litigation Funding Could Tip Scales in Engle Tobacco Cases

Law360, February 14, 2014

By Nathan Hale
As more product liability cases in Florida’s so-called Engle litigation come out against Big Tobacco, a leading litigation finance company has decided to throw its weight behind the plaintiffs in what experts say is the latest sign that the scales may be tipping toward eventual settlement.

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Litigation Funder Adds Fuel to the BP Lawsuit Conflagration

Bloomberg Businessweek, December 3, 2013

By Paul M. Barrett
Rather than cooling off, the liability fires from the 2010 Gulf of Mexico oil spill are heating up and spreading. Now a Marin County (Calif.) financier has poured lighter fluid on the blaze in the form of $50 million meant to encourage the filing of more claims against the British energy giant.

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