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News
December 9, 2016

In the News Today – December 9, 2016

TPLF Funders May Finally “Assess the Risks They Face” As Epic Legal Battle Draws Toward Conclusion: The quarter-century-old case between Lebanese-owned AJA and Cigna Insurance (now Chubb) contained many twists and turns including “Garrett Kelleher, an Irish property developer providing some $3m in litigation funding, for which he received a 45% stake in the venture.” In 2011, Federal Judge Paul Diamond deemed Kelleher’s behavior in the case “an affront to American courts” and called for a hearing to determine damages payable to Chubb. Chubb’s lawyers say the case is a milestone in litigation finance as “it shows that third-party funders can be identified and, in frivolous cases, held liable for costs over and above their original investment.” (Economist

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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