May 02, 2017

In this article, Jenner & Block Partner Charlie Lightfoot and Associate Rachael Cresswell discuss the growth of third-party funding, in which an investor unconnected to a dispute agrees to fund a party’s legal costs in return for a share of any proceeds.  The authors examine the implications of a notable 2016 English Court of Appeal judgment in Excalibur Ventures LLC v. Texas Keystone Inc.  They analyze the case and offer key takeaways for investors.