Deminor

All articles about Deminor.

Olivia de Patoul and David Walker of Deminor welcome the ICSID rules that came into force on 1 July 2022 but voice their concern with the power granted to an ICSID tribunal to request additional information on the content of any funding agreement once the notice of funding has been filed, arguing that, among other reasons, if the tribunal is aware of the funding conditions agreed to by the funded party, or the funded party’s settlement thresholds, it could affect the tribunal’s view of the case or even its impartiality.
Deminor is backing a new group action claim in Italy filed against the "Corrugated Cardboard Cartel." The civil action follows the Italian Competition Authority’s decision – also confirmed by the Lazio Regional Administrative Court – which ascertained the existence of two collusive agreements between the main operators in the sector aimed at inflating sales prices for corrugated cardboard sheets and packaging for a period of more than 10 years. Italian law firm BonelliErede will be leading the multidisciplinary legal team, which will include professionals from the firm’s Competition Litigation Task Force with extensive experience in antitrust damages actions. This is the second Italian collective claim launched against the Corrugated Cardboard Cartel — Bench Walk Advisors is also backing a claim initiated in late 2021, with bookbuilding and damage assessments for that case being delivered by Libra and legal and litigation services being delivered by Delex.
Deminor, Nivalion AG, and Omni Bridgeway have come together to launch the European Litigation Funders Association. With a focus on the EU, ELFA's objective is to represent the industry before EU clients, governmental bodies, international organizations, and professional associations, and to set good standards of practice to be promoted throughout the industry.
Deminor has announced the appointment of Veronique Chatel as the company’s Global Head of Human Resources. Veronique was previously Head of HR Transformation at TotalEnergies Trading, one of the leaders in the Energy Trading market. At Deminor, Veronique will take the lead in all aspects of the company’s People function especially Talent Acquisition and Management, with a focus on helping Deminor continue to establish itself as one of the globe’s leading litigation funding providers.
Joeri Klein and Valentin Orts of Deminor share that their firm has been able to assist approximately 4,000 mostly non-US investors in so called “Madoff feeder funds” in recovering over 81% percent of their losses and praise the US Department of Justice for providing a meaningful compensation for these investors, in scarce contrast to other regions such as Europe, where Madoff related litigation and proceedings are still ongoing and a broad scheme compensating investors’ losses is absent.
Brown Rudnick has released the agenda for its first annual European Litigation Funding Conference taking place on 17 May 2022 in London. The one-day conference has drawn big names from the international litigation funding market who will discuss topics such as opportunities and innovation in deal structuring, the rise of class actions and opportunities in Europe.
Charles Kotuby Jr. has joined the Investment Committee of Deminor. Charles worked at Jones Day in Washington D.C. for 17 years where he was a partner in its Global Disputes Practice. He is now Professor of Practice at the University of Pittsburgh Law School and an Honorary Professor of Law at Durham Law School. He is also the Executive Director of Pitt’s Center for International Legal Education and continues to act as counsel and arbitrator in a select number of international disputes.
Joeri Klein and Edouard Fremault of Deminor share how they syndicated the largest active group of international institutional investors and coordinated and funded the recovery action against Steinhoff, Deloitte and various (former) Steinhoff directors and officers and explain the implications this ground-breaking case will have on future recovery cases in the Netherlands and South Africa.
Giacomo Lorenzo joins litigation funder Deminor at their Brussels office. Lorenzo will assess litigation funding opportunities in international arbitration and commercial litigation and manage Italian cases in the three core business areas of Deminor: Litigation Funding, Investment Recovery and Antitrust Actions.

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