New litigation funder launches in Germany

Dr. Volker Knoop, formerly of FORIS AG, has launched CALVOR GmbH, a new litigation funding company in Germany. The new financier will initially focus on commercial and corporate law, D&O liability law and insolvency law. In the future, it may fund cases around antitrust, patent or tax law. CALVOR will operate independently in Germany, but belongs to the British litigation financier Asertis, from which its financing comes from.

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Insights

The Insolvency Industry: A Case Of Bad Apples Amongst Good Eggs

Roger Dugan of Asertis addresses the recent allegations that the UK insolvency industry is rife with a culture of misconduct, arguing that if the UK insolvency sector is indeed akin to the “Wild West”, it’s clear that insolvency and restructuring practitioners are staunchly on the side of law and order.

New Fundings

Asertis backs potential claim against Mercedes

Asertis is funding a potential collective action being brought by Slater and Gordon in the UK on behalf of Mercedes owners who have been affected by the cheating software which was installed into their vehicles engine and was designed to defeat pollution tests.

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