Lewis Baach Inks $20M Third-Party Funding Deal

Law360, New York (August 16, 2017, 4:38 PM EDT) -- Third-party funder Woodsford Litigation Funding said Wednesday it has reached a $20 million agreement with law firm Lewis Baach Kaufmann Middlemiss PLLC to provide it with financing to pursue litigation and arbitration worldwide on behalf of the firm's clients.

The deal, referred to as a funding facility agreement, will allow Lewis Baach to offer clients a financing arrangement to cover matters in any jurisdiction around the world in which the firm is prepared to offer contingency fee arrangements, Woodsford said. The deal will also cover situations where funding is required for the additional expenses of a dispute, including expert witness fees...

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