Philip Holden joins Asertis as general counsel

Philip Holden has joined Asertis as General Counsel. Prior to joining the litigation funder, Philip qualified as a solicitor in 1990 and became a licensed insolvency practitioner in 2001.

A Fellow of the Association of Business Recovery Professionals, Philip was an equity partner with a major law firm (DLA) before moving to become Head of Financial Recovery at the insurance market Lloyd’s, subsequently establishing his own independent business specialising in litigation management, advisory and insurance run off which was sold to a listed PLC in London in 2005.

 

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Funder News

Asertis welcomes Roni Pacht as an investment manager

Asertis welcomes Roni Pacht to the team as an Investment Manager and solicitor. Previously, Roni was Vice President (Litigation) at the world’s oldest Sovereign Wealth Fund, where he headed the Global Securities and Class Action Litigation Business and sat as a Member of the Litigation and Regulation Oversight Committee.

Funder News

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.

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.

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