Graham Paul of EU Reporter looks at the practice of former government officials using their networks and experience to cash in on lucrative business deals and questions why a litigation funder would add a costly former government official to its payroll if not because of the doors they can open. More from EU Reporter.
Inweasta, an international group of companies specializing in investments, cross-border disputes resolution, litigation funding and distressed assets management, has been launched.
Convicted Russian fraudster Alexander Tugushev has obtained a settlement from one defendant in relation to a £350 million claim brought by Tugeshev against his former business partners. Funder 17Arm has already provided £7.8 million to cover the costs of the London case, which will now largely focus on another one of the former partners, Vitaly Orlov.
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