John Quinn has been celebrating the 40th anniversary of the law firm he founded by expounding on what he has learned running it all these years. Sunday, he seemed to give one more lesson: Don’t be sentimental about your exit.
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter.
Corbin Capital Partners see a $342 million dedicated litigation finance fund as a way investors can avoid being tied to the stock market or concerns about private credit’s exposure to software companies.
Litigation funder Burford Capital Ltd. said Friday it recorded a $2.4 billion drop in assets last quarter because of its major court loss over the seizure of state-run oil company YPF SA.
US charges that three M&A lawyers exploited client secrets for financial gain raise questions as to how they got hired at seven different Big Law firms over the course of their alleged crime spree.
The Justice Department’s lead attorney in President Trump’s court fight with Big Law is resigning for a job in the private sector.
Lawyers from top mergers and acquisitions firms provided tips on some of the biggest deals of the last decade to an insider trading ring that made tens of millions of dollars in illegal profits, federal prosecutors said.
Corbin Capital Partners is intensifying its push into litigation finance with the closing of its first fund dedicated to the practice, showing the growing popularity of lawsuit investing on Wall Street.
The Justice Department is taking a new tack to overcome hurdles in attracting qualified legal talent and to prevent current lawyers from leaving: offering signing and retention bonuses throughout the Civil Division.
Corporate law has for decades been taught and studied with Delaware as the default framework, and other jurisdictions treated largely as variations on that model. That framing is convenient, but it is also wrong. When Delaware is treated as the default, jurisdictional competition becomes a debate about perception rather than substance.
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