Author: Hamilton

Litigation Financing: Coalition Asks Federal Committee to Adopt Disclosure Rule

On May 8, a broad national coalition of 35 business associations and tort reform advocates sent a letter to the federal Advisory Committee on Civil Rules regarding third party litigation funding. The letter asks the committee to amend Rule 26 of the Federal Rules of Civil Procedure to require disclosure of a litigation financing agreement in any civil action filed in federal court.

Lawsuit Against Burford Capital Reveals Dangers of Litigation Financing

Third party litigation funding or “litigation financing” is a form of investing in which hedge funds and other financiers invest in a lawsuit in exchange for a portion of any settlement or judgement award. The investment provides cash to plaintiffs to litigate a claim, while the financier—thanks to its sophisticated underwriting—anticipates the case to end in a large enough judgement or settlement to satisfy its obligations.

2023 Wisconsin Spring Election Results: Protasiewicz Defeats Kelly in Supreme Court Race

Wisconsin held its 2023 spring general election on April 4. Spring elections in Wisconsin are officially nonpartisan and include offices such as judges, mayors, local legislative bodies, and school boards. Several notable races and referenda were on the ballot this year, including an open seat on the Wisconsin Supreme Court.

Wisconsin Civil Justice Council Issues 2023 Guide to the Wisconsin Supreme Court and Judicial Evaluation

The Wisconsin Civil Justice Council (WCJC) today released its 2023 Guide to the Wisconsin Supreme Court and Judicial Evaluation, which reviews the most important decisions issued by the Wisconsin Supreme Court that affect the Wisconsin business community. The 2023 Judicial Evaluation covers the 2019-20, 2020-21, and 2021-22 terms of the court.