Litigation Funds

Latest News for: Litigation funds

Litigation finance offers investors attractive yields

The Economist 16 Aug 2018

They accepted money from third parties to fund cases in exchange for some of the winnings. Litigation finance has since taken off ... Funds that invest in litigation are on the rise ... Last year Burford Capital, an... ....

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Apollo Tactical Income Fund Inc. Declares September 2018 Monthly Distribution of $0.107 Per Share

Odessa American 16 Aug 2018

... Equity or Capital Markets funds, market conditions, generally, our ability to manage our rapid growth, fund performance, changes in our regulatory environment and tax status, the variability of our revenue, net income and cash flow, our use of leverage to finance our businesses and investments by our funds and litigation risks, among others....

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Apollo Senior Floating Rate Fund Inc. Declares September 2018 Monthly Distribution of $0.098 Per Share

Odessa American 16 Aug 2018

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Tesla stock drops on report that the SEC has subpoenaed the automaker

Fremont Tribune 16 Aug 2018

"funding secured." ... The SEC will have to parse exactly what Musk meant when he said funding was "secured" and how a reasonable investor might interpret that. This could range from a literal, binding legal commitment for the funds to an agreement in principal with a lender, or just a hypothetical deal, said Ira Matetsky, partner in the litigation department at Ganfer Shore Leeds & Zauderer LLP in New York....

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‘Equanimity’ will be sold by this year — AG

Malaysia Today 16 Aug 2018

He said the yacht worth about RM1 billion, believed to be part of the assets purchased using funds from 1Malaysia Development Berhad (1MDB), could be sold pending litigation in a very transparent way as they (1MDB) need to transform the ship into monies ... Former Prime Minister Datuk Seri Najib Tun Razak is facing criminial breach of trust and abuse of power charges related to SRC International funds ... “I do not mind ... ....

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Maluti-a-Phofung awaits court decision on Eskom cuts

Mail Guardian South Africa 16 Aug 2018

truckers and their hulking vehicles ... “It is quiet, but at night this place turns into a little town.” ... “But now third parties [medical aids and pension funds] are being paid in full. “There is an ongoing process of resolving litigations against the municipality, and people who were illegally transferred to other departments [as a form of political marginalisation] have been returned to their original departments.”....

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First came the proclamations against Trump’s offshore drilling plan: Now comes the legislation

Hastings Tribune 16 Aug 2018

But promises only go so far ... Despite decades of lawsuits and regulations, the state’s ability to block offshore drilling hinges largely on who’s in power in the state Capitol ... Lt. Gov ... In letters against the legislation, the chamber cited concerns raised over last year’s bill by the Department of Finance, which warned of increased litigation and estimated the legislation “would result in General Fund losses of $1 million to $5 million.”....

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First came the proclamations against Trump's offshore drilling plan. Now comes the legislation

The Los Angeles Times 16 Aug 2018

L.A. Now Local First came the proclamations against Trump's offshore drilling plan. Now comes the legislation ... (John Antczak / Associated Press) ... Advertisement ... Gov ... In letters against the legislation, the chamber cited concerns raised over last year’s bill by the Department of Finance, which warned of increased litigation and estimated the legislation “would result in General Fund losses of $1 million to $5 million.”....

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Spanish Broadcasting System, Inc. (SBSAA) Q2 2018 Results - Earnings Call Transcript

Seeking Alpha 16 Aug 2018

They may be deemed, therefore, to be forward-looking statements under the Private Securities Litigation Reform Act of 1995 ... We have worked and continue to work with our advisors regarding a recapitalization or restructuring of our balance sheet, including the issuance of new debt or equity to raise the necessary funds to repay the notes....

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Presidency may look for a refund of legal fees from Jacob Zuma

Business Day 15 Aug 2018

The presidency has hinted that it may seek a refund for legal fees from former president Jacob Zuma, depending on the outcome of a court challenge to the state funding his corruption trial defence ... "The rationale for state funding of an official’s legal costs is to recognise that there are circumstances where an official is exposed to the risk of litigation by virtue of his or her office, no matter the rank....

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ParkerVision, Inc. (PRKR) CEO Jeffrey Parker on Q2 2018 Results - Earnings Call Transcript

Seeking Alpha 15 Aug 2018

The increase in our net loss is primarily the result of a $500,000 increase in the estimated fair value of our secured contingent payment obligation that's payable to our litigation funding partner along with increases in operating expenses primarily related to our Milo product line ... from our litigation funding partner to provide working capital....

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This horse is suing its former owner for $100,000 — yes, a horse

GB Tribune 15 Aug 2018

A horse in Oregon is suing his former owner for negligence. Let’s run through that again. A HORSE is suing his former owner. That’s right ... "There have been a lot of efforts to try to get animals not only to be protected but to have the right to go to court when their rights are violated," said Matthew Liebman, director of litigation at the Animal Legal Defense Fund, which technically filed the suit in Justice's name ... ....

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Robbins Geller Rudman & Dowd LLP and Bernstein Litowitz Berger & Grossmann LLP Announce a Proposed Settlement of In re Quality Systems, Inc. Securities Litigation

Market Watch 14 Aug 2018

IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS MAY BE AFFECTED BY THE SETTLEMENT OF THE LITIGATION, AND YOU MAY BE ENTITLED TO SHARE IN THE SETTLEMENT FUND ... in the distribution of the Net Settlement Fund, but you will still be bound by any judgment entered by the Court in this Litigation (including the releases provided for therein)....

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