Lawyer fights lender who advanced cash against NFL concussion fees

A lawyer who represented hundreds of players in a $1 billion concussion settlement with the National Football League is fighting an arbitrator’s order to repay some $2.3 million in high-interest loans from a litigation funder. In his filing with U.S. District Judge Gerald McHugh in Philadelphia, lawyer Craig Mitnick accuses Balanced Bridge and its lawyers at Fox Rothschild of taking advantage of him and violating “the cannons (sic) of ethics.” More from Legal Newsline.

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Tough Love in Litigation Finance

A panel of veteran users of litigation finance impart some “tough love” in the form of advice to funders on how they can make improvements to better serve their clientele, discussing exclusivity clauses, potential misalignment of outside counsel, standardised documentation and more.

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Private lawyers with ties to D.C. AG’s office could get up to $55 million to sue Amazon

Hausfeld LLP has scored a contingency fee contract so potentially lucrative that it includes a stipulation that the firm can’t take more than $55 million in fees. District of Columbia Attorney General Karl Racine has chosen the firm to file an antitrust lawsuit against Amazon for allegedly keeping third-party sellers on the site from offering their products elsewhere for lower prices, ensuring that they’d be sold on Amazon and the company could keep a percentage.

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