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Demystifying the Litigation Funding Process - Bloomberg Law News
WEBJun 16, 2021 · Commercial Litigation Finance 101: The Basics. Plaintiff-side funding in commercial disputes is typically a non-recourse investment. That means the funder recoups only if the claimant recovers, as opposed to a loan that must be repaid regardless of the outcome. Understanding the funder’s role is also key. A funder should be a passive …
Michael Cohen Could Practice Law Again, But It Won’t Be Easy
WEBMar 1, 2019 · Scooter Libby, other famous attorneys who committed crimes have been reinstated. Former Trump lawyer Michael Cohen may one day be able to practice law again after New York State disbarred him this week, but his return to practice would be far from a sure thing. Other high-profile attorneys ensnared in political scandals and convicted of …
Big Law Warms Up to Litigation Finance as Deals Pot Hits $2.8B
WEBMar 23, 2022 · U.S. litigation funders committed $2.8 billion to new deals in 2021. Share of commitments to Big Law firms rose 46% from prior year. Litigation funding companies in the U.S. committed $2.8 billion toward new deals in 2021, an 11% increase from the prior year, thanks to rising interest from the world’s biggest law firms. The country’s 200 ...
Supreme Court’s UBS Case Buoys Whistleblowers Across Industries
WEBFeb 9, 2024 · Thursday’s Supreme Court decision sends the case of former UBS research strategist Trevor Murray back to the Second Circuit for further proceedings, 12 years after he was fired from UBS. Murray argues he was fired in retaliation for raising concerns to his supervisor about undue pressure from a UBS securities trading desk to write his reports ...
TikTok $92 Million Privacy Settlement Granted Final Approval (1)
WEBJul 28, 2022 · TikTok must pay $92 million to resolve multidistrict litigation over the company’s alleged misuse of its users’ private data, after a federal judge in Illinois granted final approval of a settlement Thursday.
Best Practices for Avoiding Conflict of Interest - Bloomberg Law …
WEBApr 11, 2023 · Discovery of a conflict of interest is not disqualifying—it may only require disclosure to remedy. Disclosures should be made as soon as the attorney becomes aware of the potential conflict. The language used in a disclosure should be clear and understandable, and the client should be given the opportunity to ask questions and …
Biden’s DOL Bets on Two-Step Overtime Plan to Survive Lawsuits
WEBApr 29, 2024 · The Biden administration’s newly released rule will first increase the salary threshold for overtime eligibility to $43,888 on July 1, up from its current $35,568. That number is scheduled to jump to $58,656 on Jan. 1, meaning workers making less than that amount are automatically owed time-and-a-half wages.
A Primer on When to Use Expert Witnesses and How to Find Them
WEBJan 15, 2013 · Maria Salgado. In high-stakes litigation, expert witness testimony is often a necessary and critical part of litigation strategy. Experts can offer testimony to address unique questions or facts that are central to liability issues. They are also almost universally used when it comes to quantifying damages.
Privacy Group Urges FTC to Probe HireVue’s Use of Biometric Data
WEBNov 6, 2019 · A privacy group wants the Federal Trade Commission to investigate HireVue Inc., alleging that the recruiting technology company’s uses of facial recognition technology, biometric data, and “secret” algorithms amount to unfair and deceptive trade practices.
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