Rimon
 Save as PDF
RSS Feed Subscribe

Florida Bill that would increase the regulation of third party litigation funding potentially harming small businesses stalls

insights Florida Bill that would increase the regulation of third party litigation funding potentially harming small businesses stalls John J. Hanley · March 12, 2024

A bill in the Florida legislature that would increase regulation of third party litigation funding “(Litigation Funding”) has stalled.[1] Sixty seven lobbyists have weighed in on the bill according to the Florida House of Representatives Lobbyist Disclosure and Information website, including the U.S. Chamber of Commerce, the Florida Chamber of Commerce, Burford, the International Legal…

Continue Reading…

Lawyer Directed Litigation Funding Agreements And Professional Conduct Rule 5.4

insights Lawyer Directed Litigation Funding Agreements And Professional Conduct Rule 5.4 John J. Hanley · July 20, 2023

**This insight was co-authored by Woodsford VP of Business Development Ryan Schultz ** This insight has been published in the Litigation Finance Journal Lawyer Directed Litigation Funding Agreements And Professional Conduct Rule 5.4 Third-party litigation funding (“TPLF”) involves financing of expenses incurred in a lawsuit (for example, expert fees and usually some portion of legal…

Continue Reading…

John Hanley and Douglas Schneller to Present Select Ethical Issues Present in Litigation Funding

events John Hanley and Douglas Schneller to Present Select Ethical Issues Present in Litigation Funding John J. Hanley · John Hanley and Douglas Schneller to Present Select Ethical Issues Present in Litigation Funding Douglas J. Schneller · December 10, 2021

Watch Rimon Partners John Hanley and Douglas Schneller in this webcast with Celesq as they discuss ethical issues which can arise in litigation funding. This webcast is presented by West LegalEdcenter. CLE credits are available. Event Description Recently published ethics opinions and commentary have produced a growing body of advisory materials for attorneys working with…

Continue Reading…

Select Ethical Issues Present in Litigation Funding

insights Select Ethical Issues Present in Litigation Funding John J. Hanley · Select Ethical Issues Present in Litigation Funding Douglas J. Schneller · October 13, 2021

Litigation financing is on the rise in the United States and provides some claimants a valuable means for paying the costs of pursuing a legal claim. Lawyer involvement in litigation financing transactions raises many ethical issues for a lawyer such as competence, duty of loyalty, the potential waiver of privilege and interference by a third…

Continue Reading…

Push for Disclosure Grows as Litigation Financing Becomes More Commonplace

insights Push for Disclosure Grows as Litigation Financing Becomes More Commonplace John J. Hanley · September 8, 2021

The privacy once enjoyed by investors who finance other people’s lawsuits was rarely questioned before Hulk Hogan brought a media spotlight onto the niche industry by winning a $140 million jury verdict that forced the Gawker website into bankruptcy. When Terry Jean Bollea (the professional wrestler’s real name) filed an invasion-of-privacy lawsuit against Gawker Entertainment…

Continue Reading…

Litigation Finance on the Rise: Demystifying Trends, Opportunities, and Best Practices

events Litigation Finance on the Rise: Demystifying Trends, Opportunities, and Best Practices John J. Hanley · September 1, 2021

Broadcast Date: Monday, September 13, 2021 from 12:00-1:00pm (ET) CLE: 1.0 Credit Rimon’s Partner John Hanley will speak during the discussion of, “Litigation Finance on the Rise: Demystifying Trends, Opportunities, and Best Practices”. Overview Litigation finance continues to rise and become a substantial financing tool for everyone today. Because law firms and corporate clients greatly suffered…

Continue Reading…

Privilege Doctrines in Litigation Funding

insights Privilege Doctrines in Litigation Funding John J. Hanley · Privilege Doctrines in Litigation Funding Maxim “Mac” Waldbaum · August 13, 2021

Photo by Nico Becker Safeguarding Privileged Information in Litigation Funding As a general rule, attorney-client privilege and other protections against disclosure are waived whenever protected information is disclosed by a client to a third party. However, a growing number of cases have held that information shared with litigation funders is protected under either the (i)…

Continue Reading…

Sax v. Fast Track Investments – Legal Finance Regulation, Consumer Lending Interest Rate Regulation

insights Sax v. Fast Track Investments – Legal Finance Regulation, Consumer Lending Interest Rate Regulation John R. Mussman · Sax v. Fast Track Investments – Legal Finance Regulation, Consumer Lending Interest Rate Regulation John J. Hanley · Sax v. Fast Track Investments – Legal Finance Regulation, Consumer Lending Interest Rate Regulation Douglas J. Schneller · July 27, 2021

On July 19, 2021, the parties in Sax v. Fast Track Investments filed a motion with the Ninth Circuit Court of Appeals to dismiss the pending appeal and to withdraw questions the Ninth Circuit had submitted to the New York Court of Appeals.  The legal finance contracts had stipulated that New York law apply and the Ninth Circuit felt…

Continue Reading…

“True Sales” in Litigation Funding Agreements

insights “True Sales” in Litigation Funding Agreements John J. Hanley · “True Sales” in Litigation Funding Agreements Douglas J. Schneller · February 4, 2021

An issue that keeps some litigation funders up at night concerns the possibility of a claimant filing for bankruptcy after receiving funding and before their underlying case is resolved.  Proceeds from the case may become property of the bankruptcy estate and made available to the transferor’s creditors.  A carefully drafted litigation funding agreement (“LFA”) can…

Continue Reading…

Litigation Finance Waterfalls

insights Litigation Finance Waterfalls John J. Hanley · December 29, 2020

“Look with open eyes and you will see the beauty of the waterfall.” – Anthony T. Hincks   A key term in pricing for litigation finance (sometimes called litigation funding) is the order of priority in which litigation proceeds are paid to parties with an interest in the matter including the litigation funder.  This is known…

Continue Reading…