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Entries tagged “finance”

“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…

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The Most Significant Change to AML Rules Since the USA Patriot Act

insights The Most Significant Change to AML Rules Since the USA Patriot Act Thomas Fawell · January 4, 2021

Overview.  January 2, 2021.   The newly enacted National Defense Authorization Act[1] (NDAA) imposes the most significant reformation of the Bank Secrecy Act (BSA) and related anti-money laundering (AML) laws since the adoption of the USA PATRIOT Act.  The largest changes are in division F, the Anti-Money Laundering Act of 2020 (the “Act”).   The general intent of…

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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…

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Litigation Finance 101

insights Litigation Finance 101 John J. Hanley · December 18, 2020

You are the CEO of a thriving technology company.  Your chief legal officer informs you that a well-heeled vender has stolen components of the intellectual property that is your company’s lifeblood.  However, litigation is expensive and the thief is prepared to engage in a costly war of attrition intended to exhaust and overwhelm your business…

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Art sales & finance – in good times and bad

Art sales & finance – in good times and bad Thomas Fawell · March 29, 2020

Tuesday, April 28rd • 1 PM ET – (1 CLE Credit ) In the best of times, art sales and finance present components of escalated risk in comparison to more conventional commercial transactions. The sources of this risk-differential include light industry regulation, perceived and actual market volatility, a lush history of fraud and forgery, inconsistent secured transaction laws…

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Rimon Partner Marc Kaufman quoted in Financial Times article regarding the Peoples Bank of China digital currency

news Rimon Partner Marc Kaufman quoted in Financial Times article regarding the Peoples Bank of China digital currency Marc Kaufman · February 12, 2020

Rimon Partner and Co-founder of the Blockchain IP Council, Marc Kaufman, recently provided his thoughts relating to patents on digital currency sought by the People’s Bank of China. “Virtually all of these patent applications relate to integrating a system of digital currency into the existing banking infrastructure” Read the Financial Times article here. Marc Kaufman concentrates…

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Rimon Partner Buz Barclay chairs the Infocast Projects & Money Summit

insights Rimon Partner Buz Barclay chairs the Infocast Projects & Money Summit Bernays T. (Buz) Barclay · January 24, 2020

Rimon Partner Buz Barclay chaired the twelfth edition of the Infocast Projects & Money Summit on January 14-16 in New Orleans, Louisiana.  Buz was the original founder of this conference of the U.S. competitive power project industry, when he first brought this vital industry’s annual kickoff back to New Orleans after the devastation of Hurricane…

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Litigation Finance – A Modest Proposal

insights Litigation Finance – A Modest Proposal John J. Hanley · Litigation Finance – A Modest Proposal Douglas J. Schneller · January 23, 2020

Many lawyers have heard the one about the consultation with a new client.  Lawyer: “You have a pretty good case.  How much justice can you afford?”  It’s funny but it also distills a troubling reality – high stakes commercial claims are costlier to assert and the likelihood of success more uncertain than ever; clients are…

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Marc Kaufman extensively covered in the press for Royal Bank of Canada crypto trading insight

news Marc Kaufman extensively covered in the press for Royal Bank of Canada crypto trading insight Marc Kaufman · November 15, 2019

Rimon Partner and Co-founder of the Blockchain IP Council, Marc Kaufman, recently provided his thoughts relating to patents on blockchain technology being sought by the Royal Bank of Canada. Read the full Tron Weekly, Canada.com, and AMBCrypto articles.

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Top 10 Issues to Consider When Dealing with Loan Participations. Rimon Partners Douglas J. Schneller and John J. Hanley in Thomson Reuters

insights Top 10 Issues to Consider When Dealing with Loan Participations. Rimon Partners Douglas J. Schneller and John J. Hanley in Thomson Reuters Douglas J. Schneller · Top 10 Issues to Consider When Dealing with Loan Participations. Rimon Partners Douglas J. Schneller and John J. Hanley in Thomson Reuters John J. Hanley · November 5, 2018

Rimon Partners John J. Hanley and Douglas J. Schneller thoroughly summarize the considerations that lenders should take into account when deciding whether or not to participate in a loan. Read the full article here.

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