UK to fully compensate postmasters who exposed scandal

Subpostmasters who helped uncover the Post Office IT scandal but missed out on full compensation are to get payouts under a new government scheme. The 555 workers won a landmark civil case against the Post Office in 2019, but saw most of their settlements swallowed up by legal fees. They will now get the same level of compensation as other subpostmasters who were wrongly convicted. Therium, the funder that backed the initial litigation, has agreed to waive its rights to any claim on the new pot of compensation. More from Yahoo News.

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ILFA Names New Chairman, Board of Directors, and Executive Committee

The International Legal Finance Association (ILFA) has announced its new board of directors, its chairman, and the executive committee. Gary Barnett, Executive Director of ILFA, welcomed Neil Purslow, who co-founded Therium, as the new Chairman. The Executive Committee Officers include: Christopher DeLise of Delta Capital, Susan Dunn of Harbour Litigation Funding, Jack Neumark of Fortress Investment Group LLC, Andrew Saker of Omni Bridgeway and Marcel Wegmüller of Nivalion.

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Agenda for European Litigation Funding Conference announced

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.

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Patrick Dempsey joins Burford Capital

Patrick Dempsey has joined Burford Capital as a Director, where he will focus on originating new business with US law firms and companies. Prior to joining Burford, Mr. Dempsey was the US Chief Investment Officer and a Board Member at Therium Capital Management. He also worked as a litigator at Hogan Lovells and Proskauer.  

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