Hausfeld Move Into Germany A Big Step For Litigation Funding
Law360, New York (October 28, 2015, 8:16 PM EDT) -- The partnership announced Wednesday between litigation funding firm Burford Capital LLC and antitrust plaintiffs firm Hausfeld LLP in an expansion into Germany is a rare public deal springing from the often opaque but deepening bonds between firms and third-party investors, experts and those involved in the deal said.
Jonathan Molot, Burford’s chief investment officer, said the $33 million commitment to Hausfeld in anticipation of the firm’s Berlin launch is in the “upper reaches” of Burford’s historical backing of a single firm.
But beyond the money committed to the firm’s target cases — the Washington, D.C.-based Hausfeld focuses on corporate-plaintiff-side competition work — Molot...
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