Rosenblatt battles Brexit uncertainty in post-IPO financials as it launches litigation funder
In its first financial results since the £43m IPO in May, Rosenblatt has recorded a slight uptick in revenue and profit as it simultaneously launched its own litigation funding arm. For the first eight weeks of its listed life, Rosenblatt generated £3m in revenue, compared to £2.6m for a two month average in the last …
Disputes Eye: Hunting krakens – As finance and Russian work slows veteran litigators look to key trends and opportunities
As the torrent of post-financial crisis litigation continues to slow, litigators are increasingly wondering: ‘What next?’ Certainly, 2018 has so far been quieter than 2017 from a disputes perspective, across big-ticket and mid-level matters. Canvassing industry veterans on the trends to watch, however, shows plenty of areas of opportunity litigators spy on the horizon. Perhaps the most …
‘Litigation finance is here to stay’: Former A&O senior partner Morley joins Vannin ahead of IPO
Fast-growing litigation funder Vannin Capital has appointed former Allen & Overy senior partner David Morley as chair ahead of a planned IPO on the London Stock Exchange. The company announced today (10 September) that it planned to issue £70m of new shares and sell part of the shares held by existing shareholders in a float …
A victory for legal privilege as ENRC triumphs in landmark SFO case
City litigators uttered a collective sigh of relief as legal professional privilege (LPP) was upheld in the judgment of the highly-anticipated Eurasian Natural Resources Corporation (ENRC) case against the Serious Fraud Office (SFO). The decision has wide-ranging implications for businesses and litigators alike as to what information from internal investigations is protected by privilege, after …
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Disputes round-up: White & Case continues hiring drive with RBS litigation head as HSF partner appointed deputy High Court judge
White & Case is continuing its bid to add firepower to its London disputes bench with the hire of The Royal Bank of Scotland (RBS)’s former head of litigation and investigations Laura Durrant as a partner. Meanwhile, Swiss disputes firm LALIVE is opening an arbitration-focused office in London and Herbert Smith Freehills’ (HSF) litigation partner …
Comment: Disputes Eye – An English court in Paris: another warning shot
There is a certain irony to be found in France’s enthusiastic uptake of English courts just as the UK detaches itself from the EU, an irony accompanied by a realistic fear of weakening the English judiciary. Of course, the introduction of an English-language common law commercial court in Paris is nothing new for the continent, …
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