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News
December 14, 2016

In the News Today – December 14, 2016

  • Third Party Funder Ordered to Appear in Court Today: Garrett Kelleher, a third party funder that invested  $2.85 million in 2006 to support a group of Liberian businessmen suing to enforce a $66.5 million judgment against U.S. insurer Cigna,  has been ordered to appear for a hearing today. The hearing will determine the damages due to Cigna for his “role in funding the litigation, as [he] breached an injunction barring the Liberians from ever attempting to enforce the judgment.” (GNN Liberia)
  • Chicago Firm Targets Class Action Objectors With RICO Suit: A group of attorneys who often stand in the way of class action settlements are now being accused of racketeering in a class action lawsuit filed in Illinois federal court. Edelson PC, a prominent Chicago firm, filed its 49-page complaint which accused the defendants of “engaging in a pattern of racketeering and extortion as ‘professional objectors.’” (Forbes/Legal Newsline
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) Welcome to Delaware Sign Blog Another Federal Court Now Requires Disclosure of Third Party Litigation Funding Third Party Litigation Funding (TPLF) litigation funders, beach scene Blog Sun, Sea, but no Sand(box) for Florida Lawsuit Investors Lawsuit Lending, Third Party Litigation Funding (TPLF) Blog Third Party Litigation Funding: Buying Trouble Across the Globe International Initiatives, Third Party Litigation Funding (TPLF)

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