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Insights

NY ruling correctly deems legal finance docs irrelevant

Andrew Cohen of Burford Capital reviews the first decision from the New York Appellate Division that directly addresses the discoverability of legal finance materials, noting that the ruling in Worldview Entertainment Holdings Inc. v. Woodrow affirms the denial of a motion to compel production of, inter alia, litigation funding documents, as the defendant failed to explain “how discovery about litigation financing and witness payments would support or undermine any particular claim or defense.”

Insights

Singapore reaffirms the applicability of legal finance in corporate insolvencies

Quentin Pak of Burford Capital reports that the Singapore High Court has recently allowed the liquidator of insolvent Castlewood Group to enter into a litigation funding arrangement, with the court’s brief remarks on the decision providing another indication that the use of legal finance in insolvency is becoming more established in Singapore in Singapore reaffirms the applicability of legal finance in corporate insolvencies.

Funder News

Victory Park Capital poaches duo from Burford Capital

Chicago-based Victory Park Capital has announced the additions of Chad Clamage, Principal, and Ahmed Eltamami, Vice President, to the firm’s legal finance investment team. Chad and Ahmed were both previously with Burford Capital.

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Never miss a thing in the litigation finance market.