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Natasha Harrison, who previously spearheaded the launch and growth of Boies Schiller Flexner’s London office, has launched a new breakaway litigation practice, comprised of 27 former Boies Schiller staff in total, including five partners. Pallas Partners will focus on commercial disputes, principally litigation, arbitration and investigations and plans to work closely with litigation funders. The firm will work with clients to devise pricing structures that are most suitable to them, from conventional mandates to damages-based agreements. It will employ a pricing analyst to help devise these, while also building up a portfolio-based approach when working with litigation funders.
Claimant law firms and litigation funders have hit back at claims by CMS that they are helping to fuel a ‘remarkable’ rise in the number of European class actions, with Leslie Perrin of Calunius Capital arguing that "the assertion by CMS to their clients that class action risk is, increasingly, a board-level issue must be a good thing for business and society as it ensures greater accountability and adherence to the rule of law."
The former owners of litigation insurance broker TheJudge Group have launched a new litigation finance fund with the Thomas Miller Group following the latter’s acquisition of the broker last year. The new fund – Erso Capital – will have access to more than $1bn of capital through its discretionary funds, single managed accounts and co-investment funds. The fund will be led by founders and former TheJudge owners Matthew Amey, James Blick and James Delaney.

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