Susan Dunn of Harbour Litigation reports that her firm is starting to insist on law firms using technology for class actions that require funding, stating that they won’t accept people saying, ‘we’ve got a bunch of paralegals with Excel spreadsheets doing this on phone at the cost of £100 a head.” Read more.
Punter Southall Analytics (PSA) has expanded its interest in class action technology after doubling its investment in FinLegal’s innovative end-to-end claims solution to streamline and automate claims management.
Italy is seeking to annul a €190 million ICSID award obtained by Rockhopper Exploration in litigation backed by Harbour Litigation Funding. The funding agreement does not cover any costs arising past the date of the award (23 August 2022), and Rockhopper is currently considering funding possibilities to fund both fighting the annulment and enforcing the award if required.
Law firms are teaming up with litigation funders such as Harbour Litigation Funding and Aristata Capital to hold leaders of companies accountable in ESG matters, bringing litigation against the poorest performers.
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