Chip Hodgkins shares his journey from being the CFO of a business he helped build from a niche player into a billion-dollar publicly traded company, to eventually forming Statera Capital, a litigation finance firm focused on middle-market funding.
Chip Hodgkins shares his journey from being the CFO of a business he helped build from a niche player into a billion-dollar publicly traded company, to eventually forming Statera Capital, a litigation finance firm focused on middle-market funding.
Chicago-based Statera Capital’s Andrew Woltman has been selected by the Law360 editorial staff to serve on Law360’s Legal Industry Editorial Advisory Board for 2022. Board members advise and provide Law360 with experts insights on trends in the legal industry to guide future coverage. Andy was formerly a partner at an AmLaw 100 firm, and he is co-founder and managing director of Statera, the leading litigation funder for mid-sized commercial financing needs.
Stewart Ackerly of Statera Capital shares four simple steps that can go a long way towards thwarting efforts by defendants to obtain discovery of communications with a litigation funder and avoid unnecessary discovery battles. His tips include signing nondisclosure agreements, withholding material that is only attorney-client privileged from funders and disclaiming a funder’s control over the litigation and settlement in funding documents.
Justin Maleson of Longford Capital predicts even more widescale adoption and continued innovation in litigation funding over the next decade. He expects to see several states follow Arizona’s lead in allowing non-lawyer ownership of law firms and the continued development of defense funding offerings.
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