Del. High Court Backs Gard In Litigation Funding Fight

The Delaware Supreme Court has upheld a ruling dismissing claims that hedge fund manager Casey Gard improperly diverted a litigation funding business from a joint venture with attorney Brett Findler into Gard-affiliated hedge funds, finding that Findler had repeatedly consented to the structure despite allegations that more than $550 million in loans had been originated and Gard had received approximately $20 million in performance allocations.

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