The Law and Business of Litigation Finance considers the international development of the law and practice of high value litigation and arbitration funding. It is an essential guide for those who provide or seek such funding, as well as for anyone who wishes to understand the litigation funding process and to avoid pitfalls.
It answers questions such as:
- How do litigation funders raise capital and how do they spend it?
- What are their corporate and financial structures?
- What type of cases do they invest in and what are their returns?
- What are the key legal issues relating to litigation funding?
The Law and Business of Litigation Finance assists various parties, including:
- Those who do not have the resources or risk appetite to proceed in litigation or arbitration without financial support
- Law firms who are interested in a significant business development opportunity, and fairer outcome for litigants
- Insolvent estates, whose biggest assets are their potential claims
- Judges, arbitrators and other neutral parties in funded dispute resolution cases
- Regulators, legislators and policymakers in the fields of legal and financial services
- Investors who seek high risk, high return opportunities
The book is edited by one of the most accomplished litigation funders in the international market and has contributions from leading experts drawn from legal practice, financiers and academia. The focus is on the UK and the US, the two main centres for the international litigation funding industry, with reference to Australia, New Zealand and other select jurisdictions.
As the first book on litigation finance to take an international, and particularly transatlantic, perspective, this is a must-have guide for all lawyers, commercial court judges, legal policy makers, regulators, investors, and academics in these jurisdictions.
Über den Autor Steven Friel
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Steven Friel is Chief Executive Officer at Woodsford, one of the most well-established litigation funders in the international market. Steven has repeatedly been ranked by independent directories as a leader in the field. Chambers and Partners, 2020: 'Steven Friel is ... praised for his hands-on approach and ability to work constructively on even the biggest and most complicated matters. He is very easy to deal with... He grasps the facts and the law extremely quickly. He is an extremely good resource for Woodsford - a great strategic thinker.' Chambers and Partners, 2019: 'He seems to have limitless energy to explore things, and he's extremely sharp.' Chambers and Partners, 2018: 'Steven Friel is very impressive. He has a razor sharp legal mind, is intellectually curious, and has strong business sense.' Before joining Woodsford, Steven was a partner in the London office of international law firm Brown Rudnick. Prior to joining Brown Rudnick, Steven was a partner in the London office of DAC Beachcroft, and practised from the London and New York offices of Debevoise & Plimpton. Steven is a law graduate of Cambridge University, and graduated top of his class with a Master of Laws degree in International Dispute Resolution from the University of London.
