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An epic legal battle with big implications for litigation funding
David Marchant
Posted: Thursday, December 8, 2016
Joined: 9/13/2007
Posts: 1271


The Economist: FOUNDED by former African American slaves, the west African country of Liberia has produced an insurance case that has bounced between the courts of several countries for a quarter of a century, condemning the claimants and their opponent to a generation of legal bondage. At long last, the saga might just be drawing towards a conclusion. It may also leave a legacy: to shift the calculus when third-party litigation funders assess the risks they face.

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David Marchant
Posted: Friday, December 9, 2016
Joined: 9/13/2007
Posts: 1271


This 'Liberia v. ACE' litigation funding dispute will be analyzed in a session on 'Litigation Funding Fails' at The 15th Annual OffshoreAlert North America Conference, which will take place at The Ritz-Carlton, South Beach in Miami Beach, Florida on April 30 to May 2, 2017.
 

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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.