Covering Every Contingency – Portfolio Funding of Litigation

 MARKET VIEW – LITIGATION 

Therium’s Neil Purslow examines the different funding options available

Since the introduction of damages-based agreements (DBAs) on 1 April 2013, use of contingency fee arrangements (CFAs) in England and Wales has been very limited, due largely no doubt to the fact that partial DBAs are not permitted and also the flaws in the enabling regulations have created uncertainty as to the efficacy of this new form of agreement. Nevertheless, commercial litigators have shown significant interest in taking litigation risk on their cases in return for a contingency fee upside. While this has, however, been difficult to achieve to date, Therium has now launched a portfolio funding offering which, through using a variation of a typical funding structure, allows law firms to offer contingency fee-based services to their litigation clients,
Continue reading “Covering Every Contingency – Portfolio Funding of Litigation”

Neutral territory

 MARKET VIEW – LITIGATION 

Lalive’s Marc Henzelin and Sandrine Giroud examine the key facts on the enforcement of foreign judgments in Switzerland

Ranked among the top five financial centres in the world and top of the Global Innovation Index 2014, with postcard landscapes and a tradition of discretion and stability, Switzerland remains a top destination for companies and wealthy individuals alike to bring their business and wealth. It is therefore unsurprising that enforcement of foreign judgments against assets held in Switzerland is an issue that comes up regularly in the day-to-day practice of international litigators.

Continue reading “Neutral territory”

What’s in store for London’s Commercial Court?

 MARKET VIEW – LITIGATION 

White & Case’s head of litigation, John Reynolds, looks at what impact the development of other countries’ specialist commercial courts will have on the future of London as a centre for international dispute resolution

Despite relentless competition, most notably from New York, the choice of English governing law dominates the international contracts market. So says a recent article from the July/August issue of Legal Business with the benefit of opinion from partners at a number of large international firms (including White & Case’s own David Goldberg).

Continue reading “What’s in store for London’s Commercial Court?”