John Hanley and Douglas Schneller to Present Select Ethical Issues Present in Litigation Funding
Join Rimon Partners John Hanley and Douglas Schneller in a live 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.
Recently published ethics opinions and commentary have produced a growing body of advisory materials for attorneys working with litigation funders.
Lawyers must approach transactions involving litigation funding mindful of several core professional obligations: competence, the duty of loyalty to the client vis a vis the lawyer’s own financial interests, lawyer independence, and confidentiality of information.
At the end of this presentation participants should be able to recognize and address the most significant ethical issues that arise from transactions involving litigation funding.
John J. Hanley focuses his practice on litigation finance, first and second lien financings; private placements of debt and equity securities; and the purchase and sale of loans, securities, trade claims, and other illiquid assets. His clients include litigation funders, claimants, business development companies, specialty lenders, investment banks, hedge funds, actively managed CLOs, special purpose vehicles, and other financial institutions.
Douglas Schneller handles a broad range of complex transactional matters involving secured and unsecured bank finance, lending and receivables purchases and factoring; restructuring, bankruptcy and insolvency; intercreditor and subordination arrangements, including for mezzanine, leveraged, multi-lien and unitranche financings; claims analysis and reconciliation; litigation funding arrangements; and purchases and sales of par and distressed assets such as bank loans, notes, accounts receivable, trade claims, bankruptcy claims, and equity interests.