“We’re particularly concerned about developments here in third-party litigation financing,” ILR president Lisa Rickard told the Australian Financial Review. Any action in Australia on the regulation of TPLF, which originated in Australia, would have a global impact, she added.
The 11th Circuit Court ruled that an arbitration agreement in an employment contract isn’t barred by the FSLA, echoing similar decisions by other appeals courts. Law 360
A hedge fund is betting that it can enforce a $1.8 billion verdict against Iran and is buying stakes in the case. Wall Street Journal