Hong Kong Legislation Permits Arbitration Finance: Burford Capital Comments On A Welcome Step In The Right Direction
This week, three members of the Burford Capital patent team were named to the 2017 Intellectual Asset Management (IAM) Strategy 300. The annual list once again positions Managing Director Ashley Keller, IP Principal Katharine Wolanyk and Vice President Eric Carlson among the world’s leading intellectual property strategists.
Asian corporates face big challenges. Liquidity conditions for the region are expected to be poorer for the next 12 months when compared to the previous period, and regional debt levels are increasing. Geo-political uncertainty reverberates around the global economy, and Asia-Pacific economies continue to endure the ripple effect of China’s economic rebalancing. For companies in the region that are experiencing pressure or that are in turnaround, new tools such as litigation finance are necessary to navigate uncertain times and prosper from market driven opportunities.
The recent Supreme Court decision in TC Heartland v. Kraft Foods caught almost no one by surprise. But the decision nevertheless has patent owners wondering—what will happen to patent portfolios?
Burford responds to the US Chamber of Commerce’s letter to the Committee on Rules of Practice and Procedure of Administrative Office of the US Courts, which recycles their proposal to amend the Federal Rules of Civil Procedure to require the disclosure of outside financing arrangements.
Litigation finance is increasingly attractive to companies of all shapes and sizes. Burford works with clients to manage adverse costs exposure through a range of relationships with ATE insurers, and can help ensure that downside risks are protected in a way that allows claimants to focus on the substance of their cases.
With the Unified Patent Court, the EU has created a centralized patent court system with several features that suggest it will be an appealing alternative to US patent courts—potentially paving the way for the EU to surpass the United States as a center of innovation.
Most lawyers and clients know they can secure capital for ongoing litigation and arbitration matters—but may not realize they can also use financing to alleviate the burden of waiting for compensation post-settlement.
After speaking at N+1 Singer’s investor conference on “Listed Law”, Burford’s CEO shares his thoughts on the legal industry as a whole–a sector that generates hundreds of billions of dollars every year.
This overview (and accompanying case studies) details why portfolio finance is among the fastest-growing areas of legal finance—and how it enables law firms and corporate legal teams to reduce risk across a range of matters.