The Law and Business of Litigation Finance

by Steven Friel, Anthony Sebok, David Capper, Jonathan Barnes, David Siffert

Overview

With contributions from leading experts, drawn from legal practice, the judiciary and academia, and edited by one of the most accomplished litigation funders in the international market, it covers the issues raised by Burford v Muddy Waters [2019]. It looks at developing international norms in the law and practice of litigation funding, with a focus on the UK and the US, the two main centres for the international litigation funding industry.

It answers questions such as:

- How do litigation funders raise capital?
- What corporate and financial structures do they have?
- What returbans do they make?
- How do they account for and report on their performance?

This will be invaluable to everyone with an interest in third party funding of high value litigation and arbitration.

Product Details

ISBN-13:	9781526515254
Publisher:	Bloomsbury Academic
Publication date:	01/21/2021
Pages:	496
Product dimensions:	6.69(w) x 9.61(h) x 1.06(d)

About the Author

Steven Friel is CEO of Woodsford Litigation Funding. He has repeatedly been ranked by independent directories as a leader in the field.

Before joining Woodsford, Steven was a partner in the London office of Brown Rudnick. Prior to joining Brown Rudnick, Steven was a partner in the London office of DAC Beachcroft, and practiced from the London and New York offices of Debevoise & Plimpton.

Table of Contents

1. Introduction
2. A brief history of third-party litigation funding in the UK, US and elsewhere in the common law
3. Regulation and legislation
4. Third-party litigation financing and lawyers' ethical obligations
5. Privilege and confidentiality
6. The litigation funding agreement
7. Adverse costs and security for costs
8. Insurance
9. Other methods of financing litigation
10. Types of litigation and arbitration that attract and are attractive to litigation finance
11. The different stakeholders and their interests
12. Tax

Editorial Reviews

Steven Friel and the other contributors to this book enjoy the highest reputation for accuracy and professionalism. I congratulate them for creating a book that should be added to law and finance libraries throughout the world” —Hon. Shira A Scheindlin, United States District Judge (Ret.), Fellow, College of Commercial Arbitrators, Foreword to 1st Edition

“This work will be come a handbook for those providing and using TPF ('Third Party Funding') across many jurisdictions” —Sir Rupert Jackson, Retired Justice of the Court of Appeal of England & Wales, Foreword to 1st Edition

From the Publisher