New Fundings

New cases being backed by litigation funders.

Kapatens is funding a 99 MSEK (9.6M USD) claim by well-known senior Swedish businessman Lage Jonason and his personal company against Mangold, a Swedish investment bank and securities broker, in connection with an allegedly wrongful and grossly negligent forced sale of shares that were pledged as security by Mr. Jonason.
LitFin is pursuing a lawsuit in Germany on behalf of companies that bought or leased heavy or medium-duty trucks from certain manufacturers that are alleged to have made agreements in violation of antitrust law on prices and gross price increases.
CASL is backing a claim launched by Phi Finney McDonald and Redgum Legal & Consulting against the Chief Executive Officer (Housing) (Northern Territory) on behalf of Aboriginal people from 73 remote communities in the Northern Territory. The claim alleges that the CEO breached its contractual obligations to ensure that public housing was habitable, safe and secure, and had a reasonable system for carrying out repairs to ensure those standards were met.
Kapatens, a litigation funder focused on the Nordic region, has acquired preference shares in Swedish listed company Eniro Group AB and has filed an action to challenge a decision by majority owners of the company to redeem preference shares allegedly in violation of Eniro's articles of association and Swedish company law.
Harbour is backing a competition claim valued at up to £13.6 billion filed by law firm Humphries Kerstetter at the Competition Appeal Tribunal alleging serious anti-competitive practices against Google and its parent company Alphabet Inc. The claim alleges that Google abused its dominant position in the market for online advertising, earning super-profits for itself at the expense of the tens of thousands of publishers of websites and mobile apps in the UK.
Deminor is funding a legal action to be initiated by investors who allegedly suffered substantial losses following investments made in certain funds managed by H2O AM, an asset manager part of the Natixis group.
LitFin is working with affected media houses and publishers across Europe to provide them with an opportunity to claim compensation in the Google AdTech case, after sources reported that Google could be charged with antitrust violations by the EU over its advertisement technology business as early as next year, putting the company at risk of receiving its fourth fine in the EU of more than a billion euros.
By establishing a registration system to be able to assist claimants with future reconciliations or participation in a claim compensation program, the initiative is intended to simplify the compensation of war-time damage for any company or individual with a claim of at least EUR 1 million that has suffered direct economic losses from the actions of Russia since 27 February 2014.
LCM, together with law firm Hausfeld & Co, is backing a £900 million claim against Amazon on behalf of tens of millions of UK customers which alleges that Amazon has breached competition law and caused millions of UK customers to pay higher prices for products sold on Amazon.co.uk and the Amazon mobile app by obscuring better-value deals.

Before You Go

Never miss a thing in the litigation finance market.