Loans

After Burford, litigation funders need a healthy dose of transparency

Litigation funders live and breathe disputes, but this was not the sort of dispute Burford Capital was used to. On August 8, Burford’s share price plunged 66 per cent after a ferocious attack from San Francisco-based hedge fund Muddy Waters, whose founder Carson Black questioned the accuracy of the funders accounting practices. Black described the […]

Fantasy football start-up replaces CMS with Scots firm for $120m dispute

Scottish law firm Harper Macleod has been drafted by the founders of a technology start-up in a $120m claim against its new owners after CMS Cameron McKenna Nabarro Olswang was forced off the case. The dispute is brought in the Scottish courts by four founders of FanDuel, a daily fantasy sports business. Nigel Eccles, Lesley […]