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Third-party funders that chased Liberian judgment face sanctions by federal judge
David Marchant
Posted: Friday, September 2, 2016
Joined: 9/13/2007
Posts: 1278


Legal Newsline: Called out for violating a U.S. district court order, a group of third-party litigation funders faces sanctions in a case that a defense attorney says illustrates the dark side of a growing industry.

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.