Lloyd v Google – a return to first principles

Jeremy Marshall of Omni Bridgeway argues that the landmark Lloyd v Google decision does not necessarily mean that there will no longer be data breach claims in England but stresses that these cases should only be funded on behalf of claimants who have genuinely suffered losses that are amenable to being compensated by the law, something that wasn’t completely apparent in this case. Read more.

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Funder News

CAC Specialty strengthens Contingent Risk Solutions Team with Megan Easley joining as Vice President

CAC Specialty is excited to welcome Megan Easley to its Contingent Risk Solutions Team as a Vice President. Megan joins CAC Specialty from Omni Bridgeway, one of the largest litigation funding groups in the world. CAC Specialty is a leading broker for litigation risk insurance policies in the United States, with $2 billion in insurance limits placed last year. Megan earned her Bachelor of Arts Degree in English from Georgetown University and her J.D. from Cornell Law School and clerked on the U.S. Court of Appeals for the Second Circuit.

Funder News

Northleaf leads A$250 million senior secured credit facility for Omni Bridgeway

Northleaf Capital Partners (Northleaf) has announced that it acted as the lead arranger of a A$250 million senior secured credit facility for Omni Bridgeway (ASX: OBL), a global leader in financing and managing legal risks. “We are delighted to partner with Omni Bridgeway, leveraging our specialty finance expertise to support the firm’s continued global growth,” said CJ Wei, Vice President at Northleaf. Northleaf’s private credit program seeks to provide investors with diversified exposure to private credit investments globally, with a focus on floating rate loans to middle market companies and specialty finance platforms in North America, Europe and Australia.

Funder News

ILFA Names New Chairman, Board of Directors, and Executive Committee

The International Legal Finance Association (ILFA) has announced its new board of directors, its chairman, and the executive committee. Gary Barnett, Executive Director of ILFA, welcomed Neil Purslow, who co-founded Therium, as the new Chairman. The Executive Committee Officers include: Christopher DeLise of Delta Capital, Susan Dunn of Harbour Litigation Funding, Jack Neumark of Fortress Investment Group LLC, Andrew Saker of Omni Bridgeway and Marcel Wegmüller of Nivalion.

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