Keller Lenkner expands its plaintiffs’ firm strategy into D.C.

Keller Lenkner, the US law firm founded by partner Ashley Keller, managing partner Travis Lenkner and Keller’s business partner Adam Gerchen after they sold their litigation finance fund, Gerchen Keller Capital, to Burford Capital in a $160 million deal, is expanding rapidly. It is opening an office in Washington D.C., its third city since launching in Chicago in 2018. The firm has planted its flag in mass arbitrations, using it as a strategy against companies like Amazon and Intuit which have required customers to arbitrate claims rather than file class actions. More from Reuters.

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Judge hits pause in Intel patent case, says VLSI must detail investors

Delaware federal judge Colm Connolly put VLSI Technology’s patent case against Intel on hold last week, citing a failure to provide sufficient information about the company’s investors in accordance with the standing order he issued in April. Connolly said that VLSI’s disclosures gave vague information and improperly redacted details about several entities with a stake in the company.

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New York lawyer disbarred after admitting litigation funding scam

A New York state court has disbarred the founder of litigation finance firm Cash4Cases, who will be sentenced next month in federal court for his role in a multimillion-dollar securities fraud scheme. Manhattan prosecutors said last year that Jaeson Birnbaum “conned investors through a series of lies about Cash4Cases.” The government alleged he used the company to take cash for himself, despite telling investors he was using funds to back litigants.

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Facebook loses bid for litigation funder info in trade secrets lawsuit

A US Magistrate Judge has denied Facebook Inc’s request for litigation funding information in a trade secrets lawsuit being pursued by Neural Magic Inc, an artificial intelligence startup. According to the startup’s filing, Facebook and a former employee sought information on the litigation funder’s identity and the nature of the funding agreement. The judge found the requested information irrelevant or “not proportional to the needs of the case.”

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