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News
July 27, 2016

Judge Exposes, Criticizes, Sanctions Litigation Funders in Long Running Case vs. Cigna

A group of third-party litigation funders were hit with sanctions in a Cayman Islands lawsuit to enforce a 1990’s Liberian judgement against Cigna over allegations the company had ensured properties of a Liberian company that had sustained damages during the first Liberian civil war. 

U.S. District Judge Paul Diamond of Philadelphia “explained the complex financing” behind the Cayman Islands lawsuit and blasts the litigation funders for “outrageous behavior (that) is an affront to the courts of the United States,” writes Reuters’ Alison Frankel.  

“The judge invited Cigna … to propose money damages against three people with a stake in the Liberian judgment: U.S. lawyer Samuel Lohman, who lives in Switzerland; Virgin Islands lawyer Martin Kenney, once a foreign legal consultant in New York, and Irish real estate developer Garrett Kelleher, who invested nearly $3 million to enforce the Liberian judgment, which, with interest, totals about $180 million,” continued Frankel.

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