Parabellum recently published an article regarding claim monetization in Corporate Counsel. In the article, Parabellum provides an overview of monetization, as well as discusses how it is provided and who it can benefit. The article can be accessed here.
Parabellum recently authored the United States chapter of The Third Party Litigation Funding Law Review. The chapter provides a survey of the litigation finance marketplace, as well as discusses the legal and regulatory framework, structuring considerations, disclosure issues, and the future of the industry.
The chapter is available here.
I’m pleased to share with you a short podcast I recorded with Debtwire focusing on bankruptcy and litigation finance. My basic point in the podcast is straightforward but important: litigation finance has vast potential to be helpful and relevant in a far broader range of bankruptcy disputes than those in which it has been employed so far. Here’s why.
5 Factors to Consider
As litigation funding becomes mainstream, a new litigation funder seems to open nearly every week. Indeed, Google searches for “litigation funding” and “litigation finance” yield dozens of ads by various entities seeking to invest in litigation.
A business looking for funding may not know where to begin. To help, we have compiled a list of topics for businesses to consider as they evaluate their options.
Arbitration is an extremely popular mechanism for the resolution of commercial disputes. One of the main advertised benefits of arbitration is that it is more cost-effective than traditional litigation. While this is often true, it does not mean that arbitration is always cheap. Indeed, filing, administrative, and arbitrator fees in major disputes can be substantial.
In addition, while arbitration costs are typically recoverable by the prevailing party, the risk of losing alone can deter parties from bringing an arbitration to enforce their rights.
The Benefits of Working with Parabellum as Early in the Litigation Process as Possible
Your company has a sizeable legal claim. So shouldn’t you call an attorney first, and a litigation funder later? While it may seem counterintuitive, retaining counsel before exploring other options can severely limit your company’s ability to strike an advantageous arrangement for pursuing its claim. Engaging early with Parabellum preserves options for your company to achieve its litigation goals.
Practical Law has published an updated version of its guide, Third-Party Litigation Financing in the US, authored by Parabellum’s Aaron Katz along with Steven Schoenfeld. Click here to access it.