We asked, and you answered. Here are the results of Law360’s inaugural survey on third-party legal funding.
Once a taboo topic in the halls of BigLaw, litigation finance is winning over converts. And the peer pressure is building for rival law firms to join the bandwagon.
They often don’t know exactly what they’re buying, and there’s an ever-present chance they could come up empty in a given case. Here’s why investors are flocking to litigation finance anyway.
A New Jersey federal judge on Friday confirmed a $290,000 arbitral award issued to a Colombian agroindustrial equipment company following a payment dispute with Delaware-based Aviation Technology and Turbine Service Inc., concluding that the American company had missed its chance to argue that their arbitration agreement wasn't valid.
A decision in the bombshell dispute between the European Union and China regarding the treatment of Beijing in anti-dumping cases has been delayed to the second half of 2018, the World Trade Organization said Monday, citing a lack of personnel on hand to weigh the case.
The U.S. Supreme Court on Monday turned down a petition to review a Second Circuit decision reviving a bid by several Brazilian iron companies to enforce a more than $48 million arbitral award against the alleged alter egos and successors of Steel Base Trade AG.
A Kansas company that buys and repairs helicopters and engines urged a Texas federal court Friday to deny a bid to dismiss its suit against French aerospace company Safran SA and several of its affiliates, arguing it has raised plausible claims of breach of contract and antitrust law violations.
A Washington, D.C., federal judge refused Saturday to reconsider Yukos Oil Co. shareholders’ request to subpoena a Baker Botts partner as part of efforts to revive a $50 billion arbitration award against Russia, spurning the shareholders’ efforts at “rehashing already rejected or unpursued arguments.”
Law360's MVP award goes to attorneys who have distinguished themselves from their peers in litigation, deals and other complex matters. Find the MVPs at your firm here.
The elite slate of attorneys chosen as Law360’s 2017 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
Venezuela asked the World Bank Thursday to annul a $490 million award it granted Spanish subsidiaries of Mexican tortilla producer Gruma SAB de CV in July for breaching international obligations through an expropriation decree in 2010.
A Cypriot charter shipping company asked a New Jersey federal court Thursday to allow it to access funds or property connected to a group of related agribusiness companies with operations in the U.S. and the United Arab Emirates that could provide it with security of more than $5 million while it pursues arbitration against the companies over an alleged contract breach.
Pharmaceutical company Patheon Inc. has urged a New York federal judge to deny softgel maker Procaps SA’s request to vacate part of an arbitration award finding it can't recover $135 million in lost profits damages for a nixed product development agreement, telling the court the agreement doesn’t allow for such damages.
European Union and Japanese officials announced Friday that they have finalized the details of a sweeping new trade deal that will forge two of the globe’s largest economies under a united set of trading rules.
British Prime Minister Theresa May and European Commission President Jean-Claude Juncker sealed a predawn deal in Brussels that opens the door for a second phase of talks on a post-Brexit trade agreement between the U.K. and European Union, the commission said Friday.
A Liberian mining company has asked a Virginia federal court to confirm a $6.9 million arbitral award issued against a construction company in a dispute over earthwork projects at a gold mine in Liberia, arguing that the parties agreed to binding arbitration.
A World Bank tribunal has deferred much of its decision on whether it can consider Infinito Gold Ltd.'s claim stemming from Costa Rica's alleged improper cancellation of a mining concession into which the Canadian company had invested $94 million, saying it needs more information.
A Cypriot company that runs several shopping centers in Ukraine said Thursday that a London court has rejected challenges to its rights in a Kiev mall, settling a yearslong dispute over the shopping center’s rightful ownership.
Rusoro Mining Ltd. asked a New York state court Tuesday to enforce a $1.2 billion international arbitration award issued against Venezuela after the country expropriated the company’s investments, opening another front in its battle to sidestep the country’s foreign-country immunity defense.
Between an abrupt withdrawal from the Trans-Pacific Partnership and an early-stage policy heavily focused on enforcement, the Trump administration is at risk of being left out in the cold in the crucial Asia-Pacific region, former U.S. trade official Barbara Weisel told Law360.
Renewed interest in our national security laws, and particularly their restraints on U.S. citizen engagement with foreign governments, suggests that U.S. lawyers would be wise to evaluate the risks associated with the Logan Act before representing foreign governments in disputes against the U.S. government before foreign tribunals, say members of Wiley Rein LLP.
In a recent study, 20 out of 25 law firms surveyed have made billing process improvement a top priority for 2018. Firms can foster consistency and increase efficiency at all stages of their billing cycle by focusing on a few specific procedures, say Sharon Quaintance and Christine Indiano at HBR Consulting.
The Fifth Circuit is among the busiest federal circuit courts in the country. What can you do to increase your chances of reaching oral argument? And if given the opportunity, how can you present a persuasive argument? Former Fifth Circuit clerk Justin Woodard, an associate at Jones Walker LLP, shares some advice.
Having just completed a six-year term as chair of the U.S. Sentencing Commission, I read Yale Law School professor James Forman's new book, "Locking Up Our Own: Crime and Punishment in Black America," with particular interest, says Judge Patti Saris, chief judge for the U.S. District Court for the District of Massachusetts.
According to its 2017 annual report, the International Centre for Settlement of Investment Disputes has administered more than 70 percent of all known international investment proceedings. Competition from other venues is clearly not affecting ICSID’s position as the world leader in investor-state dispute settlement, says Anna Biasiolo of BonelliErede.
Are the latest books on the judicial system worth reading? Federal judges share their thoughts in this series of book reviews.
Law firms are businesses where partners operate with significant autonomy. To see their priorities translate into individual partner action, firm leaders should use a few collaborative strategies, suggests Hugh A. Simons, former senior partner of The Boston Consulting Group and former COO of Ropes & Gray LLP.
By analyzing the case law from Argentina’s default in 2001 and the terms of the Venezuelan bonds, it is possible to predict how a disorderly default might play out in Venezuela's debt crisis. Attorneys with Kirkland & Ellis LLP examine key elements from Argentina’s default in order to predict whether history is likely to repeat itself.
Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information requests get the best results, say Matthew Hamilton, Donna Fisher and Jessica Bae of Pepper Hamilton LLP.
Jeh Johnson, the former secretary of homeland security, was kind enough to let me visit him to reflect on his diverse career. He told stories that left me speechless. And yes, the man who was responsible for the Transportation Security Administration removed his shoes when going through airport security. You bet I asked, says Randy Maniloff of White and Williams LLP.