In 2017 there has been an expansion of litigation funding, both in the United States and in the United Kingdom. Over the last 10 years the industry has solidified and matured, and is now seen as a viable investment strategy for many people. The industry has also opened up in recent years, as transparency about the process of litigation funding is seen increasingly as a good thing. For example, Pierce Serginian, a recently opened boutique law firm, is now openly advertising the fact that a large portfolio of its contingency-fee based work is directly funded by a large litigation funder. […]

With a New Year, comes the start of resolutions – but for others, it’s the end on their marriage. Lawyers around the world have dubbed January as the prime break-up period for relationships due to the soaring numbers of unhappy couples splitting after the festive break. With January 8 marked as ‘Divorce Day’, the date falls on a Monday – meaning the ‘reality sinks in’ for Australians returning to work for the first time this year. Here, Sydney sexologist Dr Nikki Goldstein explains why January has become popular for breaking up – as she reveals her tips to divorce-proof your marriage. Sydney […]

the 42-year-old TV presenter is ‘happy’ to part with half of his reported fortune to keep the pair’s marriage split amicable. (Source: Photo Agency – Shutterstock) Follow > , , , , , , , , , , , , Ant McPartlin has been seen in public for the first time since announcing his divorce from wife of 11 years, Lisa Armstrong, amid claims he will pay his former partner half of his £62m fortune to end their marriage amicably. A source told The Sun the 42-year-old TV presenter is ‘happy’ to part with half of his reported fortune to […]

A month after finding itself on the receiving end of a trade secret lawsuit from Micron, Taiwan’s UMC has asserted patents in China against the US chip major. This latest litigation means another US semiconductor company finds itself staring down the barrel of a patent lawsuit in Fujian, a hub of China’s domestic memory sector.  The conflict began when public prosecutors in Taiwan indicted three UMC employees, who used to work for Micron, under the island’s Trade Secrets Act. In December, Idaho-based Micron filed a US civil suit against Taiwan’s UMC and a mainland Chinese partner accusing them of trade secrets misappropriation. […]

Ant McPartlin has filed for divorce from his wife Lisa Armstrong after 11 years of marriage.  The couple wed in 2006 and have known each other for more than two decades.  A spokesman for Mr McPartlin told the Standard: “In response to the recent speculation in the media, Ant is very sad to announce that, after eleven years, he is ending his marriage to Lisa.  “Ant asks for privacy at this difficult time, for both himself, Lisa and their immediate families.”  A source reportedly told the Sun on Sunday: “It hasn’t happened overnight, they have been having problems for ages.  “The […]

Laura J. Keller, Bloomberg Published 11:39 am, Friday, January 12, 2018 Photo: Bloomberg Photo By Daniel Tepper. A Wells Fargo branch in New York on Jan. 5, 2018. A Wells Fargo branch in New York on Jan. 5, 2018. Photo: Bloomberg Photo By Daniel Tepper. Wells Fargo’s earnings take yet another big litigation hit Wells Fargo had another surprise for investors in the form of its biggest legal charge yet, showing the lender isn’t past its consumer banking scandals. The $3.25 billion fourth-quarter hit to earnings comes after the lender took a $1 billion charge in the third quarter toward a […]

In a legal market that continues to ask firms to do more with less, there is a bright spot expected to bring about a possible business increase in 2018: litigation. As part of its 2018 Litigation Outlook, Massachusetts-based BTI Consulting has predicted that large companies will spend roughly $20.7 billion on litigation this year, compared to $19.7 billion in 2017. Baldwin While there is some disagreement about the extent of litigation growth over the next 12 months, most local attorneys agree that the commercial litigation market is seeing an uptick. But even so, they also agree that the market is […]

Delaware courts have recently issued decisions that have fundamentally altered corporate governance litigation.  In 2016, the Court of Chancery changed the landscape for resolution of class actions on the basis of “disclosure-only” settlements, i.e., settlements without any monetary payment to the class.  In In re Trulia, Inc. Stockholder Litig.,1 the Court of Chancery refused to approve such a settlement to the extent it provided a class-wide release unless the supplemental disclosure was “plainly material.”2  In 2015, the Delaware Supreme Court held in Corwin v. KKR Fin. Holdings LLC3 that a transaction otherwise subject to Revlon review instead would be analyzed under the deferential […]

As the Queen’s Prison Law Clinic ramps up its mandate to take on more prisoners’ rights test-case litigation, the group already has a significant win under its belt. Staff lawyer Paul Quick says the litigation mandate is relatively new for the clinic — it’s been in the works over the last few years but “really just taken off in practical terms in the last year.” A high turnover at the clinic held it back, but “now we’ve got the people in place that we need to start making the vision happen.” In the QPLC’s most successful case to date, Dorsey […]

Saoirse Ronan to wear black — Golden Globes According to Ronan, however, it was listening to Oprah Winfrey’s powerful speech on the topic while accepting the Cecil B. DeMille award that really encompassed everything she and others in the entertainment industry were feeling. Another fire breaks out in Mumbai, this time in Session Court’s premises The cause of fire was not yet known, he said, adding that an investigation will be carried out into the incident. The incident comes a day after another fire broke out at the Cinevista Studio in Kanjurmarg area of Mumbai . Nvidia partners with Volkswagen, […]