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Later this month, the ABA Section of Litigation Class Action and Derivative Suits Committee (CADS), will be sponsoring a one-hour roundtable teleconference on trend in litigation funding.  The program is a free benefit of Section of Litigation membership.  A summary description of the presentation is below.  For more information and to register, click this link. […]

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According to this article by Anindita Dey of the Business Standard yesterday, an Indian securities regulator has announced plans to fund a program to reimburse litigation expenses actions brought on behalf of investors for alleged illegal securities practices.  The fund would be available to a group of registered investor associations who could apply for reimbursement for legal expenses […]

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Litigation funding by private corporations other than law firms or individuals who are not lawyers is generally prohibited here in the US, but the concept is catching on overseas, especially in jurisdictions that have a “loser pays” rule for allocating fees and costs.  This recent entry from The D&O Diary summarizes an article predicting that the ability to assign of […]

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This is the sixth and final installment of a multi-part post summarizing last week’s 5th Annual Conference on the Globalization of Class Actions and Mass Litigation.  Click these links to see the summaries for Session 1, Session 2, Session 3, Session 4, and Session 5. Paths to (Mass) Justice To wrap up the conference, Dr. Sam […]

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This is the fifth in a multi-part post summarizing last week’s 5th Annual Conference on the Globalization of Class Actions and Mass Litigation.  Click these links to see the summaries for Session 1, Session 2, Session 3, and Session 4. Who Has Jurisdiction in a Global Market? This presentation was chaired by Professor Deborah Hensler, Stanford […]

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This is the fourth in a multi-part post summarizing last week’s 5th Annual Conference on the Globalization of Class Actions and Mass Litigation.  Click these links to see the summaries for Session 1, Session 2, and Session 3.  Giving Away Money: Calculating Damages & Allocating Damages Professor Francis McGovern, Duke University Law School chaired this […]

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This is part II of a multi-part post summarizing last week’s 5th Annual Conference on the Globalization of Class Actions and Mass Litigation.  For the introduction, see part I posted yesterday. Who’s Paying? New Developments in Funding Professor Christopher Hodges, Centre for Socio-Legal Studies, University of Oxford/Erasmus University (and a co-sponsor and co-founder of the conference) […]

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Lloyd’s, in cooperation with RAND Europe and the RAND Institute of Civil Justice (ICJ), has issued an intriguing report on trends in transnational class action litigation and related topics entitled Litigation and Business: Transatlantic Trends.  The report covers three hot topics that will be of interest to anyone following developments in transnational and global class, […]

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Editor’s Note: The publication schedule for my notes of the recent international class action conference at the University of Haifa has suffered various setbacks due to staffing constraints.  Of course, since I have a staff of one, I only have myself to blame.  In any event, here is the third installment.  Expect additional installments in […]

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After becoming one of the hottest trends during the latter part of the last decade, developments in international class action law have waned a bit over the past couple of years, but a new case may be changing that trend.  An Austrian law student, Max Schrems, made news earlier this week (see examples here and here) when he announced a “class action” against Facebook […]

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