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September 20, 2013

In the News

As part of its $920 million settlement with US and UK regulators, JP Morgan has agreed to an admission of wrongdoing in the “London Whale” case. Legal scholars say it was crafted in such a way to minimize exposure to class action litigation, admitting to sloppy bookkeeping as opposed to intentionally issuing misleading statements.  WSJ.com Law Blog ($)

An $8 million verdict handed down in Florida is the largest award against a cigarette manufacturer for asbestos-related disease.  Daily Business Review

The UK High Court has allowed a litigation funder to terminate a funding agreement after it decided the case had a less than a 60% chance of succeeding. Outlaw.com

Delaware General Assembly Blog Delaware Wants to Take a Closer Look at the TPLF Industry   Third Party Litigation Funding (TPLF) Blog European Parliament Legal Affairs Committee Adopts TPLF Legislative Initiative Report International Initiatives, Third Party Litigation Funding (TPLF) Image of the UK Supreme Court Blog An Update on the Current UK Litigation Landscape: Podcast Review International Initiatives Blog American and European Business Groups Release Joint Statement in Support of EU TPLF Regulation  International Initiatives Arizona skyline Blog Arizona Governor Signs Law to Prevent Over-naming in Asbestos Lawsuits Asbestos

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