Latest News | Woodsford Litigation Funding

Latest News

Latest News

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London, São Paulo, March 23 2017 - Woodsford Litigation Funding and Leste Credit announce a unique international cooperation agreement to serve the growing market for third party funding of international arbitration and litigation related to Brazil and Latin America.

 

In this ground-breaking arrangement, Woodsford and Leste will liaise on opportunities that draw on Woodsford’s expertise in the US, UK, EU and international arbitration...

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Earlier this year, the Dubai International Financial Centre (DIFC) Courts invited parties to give their views on the draft Practice Direction on third party funding.

 

Woodsford Litigation Funding was pleased to be involved in this consultation.

 

Zachary Krug, Senior Investment Officer at Woodsford commented, “We welcome the DIFC consultation as further evidence of the growth and acceptance of litigation and arbitration finance around the world....

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The case of Essar v Norscot [2016] EWHC 2361 (Comm) was one of the most high-profile international arbitration cases of 2016. It has been described as "landmark" by dozens of international law firms who have issued client alerts about the case.

 

It was also ground breaking for the litigation...

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Claimants can benefit significantly by using litigation funding in New Zealand disputes. To better understand the law and practice of litigation funding in New Zealand download the New Zealand chapter of the Litigation Funding global comparative guide, authored by Adina Thorn and Rohan Havelock of Adina Thorn Lawyers, here...

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To help support our ambitious global expansion plans, we're looking to recruit an experienced Marketing Executive. 

 

The full-time role is based in our West London office and would suit somebody with B2B experience across financial and/or legal services. The succesful candiate will split their time working for Woodsford Litigation Funding and our sister company, Woodsford TradeBridge.

 

For a full job description and to...

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Litigation funding is only permissable in certain circumstances in the Cayman Islands - what are the particulars and is this likely to change?

 

All you need to know about litigation funding in the Cayman Islands, written by Guy Manning and Kirsten Houghton of Campbells, is available to download here...

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12 January 2017

 

Woodsford Litigation Funding welcomes Singapore's support for third-party funding of international arbitration and related proceedings

 

By way of update to our Litigation Funding in Singapore report on 3 August 2016,...

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Growing team focused on global opportunities

 

LONDON and NEW YORK – Monday 9th January 2017 , Woodsford Litigation Funding, the global provider of litigation financing solutions for businesses, individuals, and law firms, has announced a series of senior and executive appointments as it accelerates its expansion goals for 2017.

 

Woodsford Litigation Funding has promoted...

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Woodsford Litigation Funding is proud to announce the publication of the first edition of Litigation Funding , published by Getting the Deal Through and edited by Woodsford’s Steven Friel and Jonathan Barnes.

 

This is the first global comparative survey of the law and practice of third-party litigation with jurisdiction-by-jurisdiction contributions from leading practitioners around the world.

 

Covering key jurisdictions...

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Woodsford Litigation Funding welcomes today’s Appeal Judgment in Excalibur

 

Further judicial approval for litigation funding

 

The Court of Appeal reaffirmed litigation funding as “an accepted and judicially sanctioned activity perceived to be in the public interest.” Tomlinson LJ

 

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17 October 2016

 

Enyo Arbitration Breakfast Seminar - Third Party Funding in Arbitration:  Essar v Norscot and beyond

 

John Beechey CBE and Steven Friel of Woodsford Litigation Funding will be speaking at a discussion and question seminar at the Enyo...

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14 October 2016

 

Law firms have shown little appetite for Damage Based Agreements (contingency fees) since their introduction back in April 2013. How did the legislators get it wrong and is there a practical work-around?

 

The Damages Based Agreements Regulations 2013 permit lawyers to work on a ‘no win, no fee’ basis and share up to fifty per cent of the client’s recovery on success. On...

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12 October 2016

 

Woodsford Litigation Funding Limited is at the forefront of developments in the law and practice of litigation funding around the world. We have liaised with the Singapore Ministry of Law’s public consultation on...

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11 October 2016

 

Woodsford Litigation Funding's role in supporting claimants in David v Goliath litigation was highlighted recently in a landmark ruling of the English High Court: Essar Oilfields Services Limited v Norscott Rig Management PVT Limited [2016] EWHC 2361 (Comm). 

 

The Commercial Court of England and Wales has made a landmark decision in relation to the recovery of...

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Baroness Helena Kennedy QC to deliver the inaugural Woodsford Litigation Funding Lecture at the University of Westminster Law School on 11 October 2016

 

13 September 2016

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9 September 2016

 

Woodsford Litigation Funding is delighted to be the first partner in the ACO Guarantee Fund launched this week by the Public Interest Advocacy Centre. 

 

Click here to read the article. 

 

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3 August 2016

 

Woodsford Litigation Funding is at the forefront of developments in the law and practice of litigation funding around the world. We are therefore pleased to have been given an opportunity to respond to the Singapore Ministry of Law’s public consultation on opening up access to justice in arbitral proceedings within Singapore.

 

The Ministry of...

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27 July 2016

 

Woodsford Litigation Funding Limited welcomes the 25 July 2016 decision of the Supreme Court of Ireland to grant leave for an appeal brought by Persona Digital Telephone Limited and Sigma Wireless Networks Limited on the question of the legality of third party litigation funding.  You can read the...

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25 July 2016

 

Jonathan Barnes, Chief Operating Officer at Woodsford Litigation Funding, has been elected to the Board of the Association of Litigation Funders. Jonathan joins other leading lights in the litigation funding community on the governing committee of the Association, which is an independent body that has been charged by the Ministry of Justice, through the Civil Justice Council,...

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19 July 2016

 

Woodsford feature in Legal Innovation section of The Times.  

 

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29 June 2016

 

Woodsford Litigation Funding today announced that Fidelma Macken SC, a retired judge of the Supreme Court of Ireland and a former judge of the Court of Justice of the European Union, has joined the company's non-executive Investment Advisory Panel.

 

Judge Macken has been called to the Irish Bar and to the Bar of England and Wales, and is a door tenant at Brick Court Chambers in London. Following her appointment as a judge of the High...

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14 June 2016

 

John Beechey, the former president of the ICC International Court of Arbitration, and a member of the investment advisory panel at Woodsford Litigation Funding, has been appointed Commander of the Order of the British Empire in the Queen's Birthday Honours List, released on 10 June 2016 to coincide with her 90th birthday.

 

John...

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20 May 2016

 

Woodsford Litigation Funding today announced that Lara Bird has joined the company as Investment Officer, reporting to Steven Friel, the firm’s Chief Investment Officer.

 

Lara Bird is a Barrister and Solicitor of the High Court of New Zealand and a registered foreign lawyer in England and Wales. She previously worked for one of New Zealand’s oldest and largest law firms, Bell Gully, before joining the London office of global...

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29 April 2016

 

Woodsford Litigation Funding is delighted to have been included on The Leap 100 2016 – a list of the 100 most exciting, fast-growth companies in the UK, launched by Mishcon de Reya and City AM. All the companies selected have demonstrated substantial growth over the past 12 months and been identified as the ‘ones to watch’ for 2016.

 

Steven Friel, Chief Investment Officer at Woodsford...

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15 March 2016

 

Woodsford Litigation Funding is pleased to announce that Charlie Morris has joined the company as Senior Investment Officer, reporting to Steven Friel, the firm’s Chief Investment Officer.

 

Charlie has significant experience of handling commercial disputes, often with an international dimension. He has represented a broad range of clients and has particular experience of shareholder actions, debt claims, claims for professional...

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25 February 2016

 

Access to justice sits at the bedrock of our work at Woodsford Litigation Funding. The principle that we should make a positive contribution to a just society has been enshrined in our business by our Chairman Yves Bonavero, who, together with his wife Anne, established the AB Charitable Trust in 1990. The Trust’s aims are the defence and promotion of human dignity.

 

We congratulate Yves on the...

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19 January 2016

 

Woodsford Litigation Funding’s Jonathan Barnes was interviewed by Corporate Disputes magazine on the subject of the future of litigation funding. Jonathan discusses key developments shaping the market, the increasing prevalence of alternative fee arrangements, regulatory developments, and the growing understanding of litigation funding as an important access to justice tool.

 

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16 December 2015

 

Woodsford Litigation Funding is delighted to support the upcoming reception, hosted by the London office of Norton Rose Fulbright, to mark the release of the latest publication from the International Chamber of Commerce, titled ‘International Arbitration Under Review: Essays in Honour of John Beechey’.

 

John Beechey is a member of the Investment Advisory Panel of Woodsford Litigation Funding,...

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3 December 2015

 

Woodsford Litigation Funding is growing, and we are looking for talented individuals to join our dynamic team. We seek a business development manager who will:

 

  • Identify, and develop relationships with, key decision makers in relation to litigation claims, including litigation lawyers at the major UK and international law firms, brokers, insolvency practitioners, in-house legal and finance teams, and others with an interest in...
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13 November 2015

 

Woodsford Litigation Funding, a leading third party litigation funder, has announced the appointment of Steven Friel as Chief Investment Officer. He joins us from International law firm Brown Rudnick, where he was a partner in its London office. Steven was previously a partner at DAC Beachcroft and worked in the London and New York offices of Debevoise & Plimpton.

 

Steven has extensive experience in handling complex disputes,...

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11 September 2015

 

Woodsford has struck a deal with two leading insurers to address issues on both sides of the funding table.

 

 

 'It just takes too long' 

 

 

Litigation funding can involve a great many moving parts, which can soak up time and...

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9 March 2015

 

We are delighted to have sponsored the Dispute Resolution Team of the Year award at this year’s Legal Business Awards.

 

The Legal Business awards are consistently favoured by the industry's leading lawyers as the most prestigious and highly respected awards on the legal calendar.  The 2015 event was the 18th annual ceremony.

 

The Dispute Resolution category featured the very...

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26 July 2016

 

Litigation funding is the, non-recourse, financing by one party of litigation brought by another in return for a share of any financial benefits recovered.  To date it has generally been seen as a means whereby a party without the financial resources to bring a claim can nevertheless gain access to justice.  Now it is increasingly recognised that litigation funding can play a valuable risk management role for companies...

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31 December 2015

 

Insolvency practitioners (IPs) often take on estates that have good legal claims against deep-pocketed defendants, but with little or no money available to pursue litigation. Therefore the need to be familiar with all funding products available in the market, in particular third-party funding from professional funders like Woodsford Litigation Funding has never been more important.

 

In the past few years, IPs have had privileged...

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26 January 2015

 

In the case of Young vs. Young Moor J. awarded Michelle Young a lump sum of £20m in her divorce from her estranged husband, Scot.

 

In so doing, the Judge denounced the costs she had spent in pursuing her financial remedy claim as ‘completely unacceptable’, decrying the £6.4m it had cost her to bring the proceedings - some of which had been funded by commercial third...

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30 September 2013

 

Woodsford Litigation Funding is delighted to announce the launch its new website. 

With the company enjoying strong growth and increasing recognition in the international litigatoin funding world, it felt the time had come to refresh and improve the website. Working with independent designers and programmers, Woodsford has commissioned original...

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15 September 2013

 

Woodsford Litigation Funding has strengthened its existing ties with IM Litigation Funding by acquiring the IMLF name, its goodwill, website and on-going rights relating to certain invested claims.

 

IMLF was a first-mover in the UK and started funding insolvency claims almost 10 years ago.  The company has a proud record, having reviewed around 650 claims, invested significant capital in over 50 and...

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15 September 2013

 

The regulatory backdrop for third party litigation funders in the UK has been a little unclear for some time, which may have counted against the sector in the minds of some claimants and investors.  We’ve known that the FSA doesn’t see a problem that needs to be addressed or, therefore, a need for it to regulate funding.  We’ve also...

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