From OffshoreAlert

With the collapses of Axiom Legal Financing Fund and the Argentum Capital/Centaur Litigation Group with a combined £200 million of losses to investors due to fraud, third-party litigation funding has received plenty of negative publicity in recent years, not least in OffshoreAlert.

Investors were drawn in by the promise of low-risk, high-reward returns – a combination that, in reality, does not exist in any type of investment product.

Despite this, there is plenty to laud about litigation funding – an industry that has developed in order to pay for lawsuits against deep pocket targets on behalf of litigants who would otherwise not be able to afford their quest for justice.

The pros and cons of third-party litigation funding will be analysed at The OffshoreAlert Europe Conference, which will be held in London in mid-November.

This session will look at the pros and cons of the industry and explore how it works, including looking at:

The industry’s size;

How cases are funded;

How investment funds decide what cases to finance;

How money received by way of settlement or judgment is split between attorneys, funders, and victims;

What happens if a case is lost; and

The track record of the industry in terms of delivering returns to investors.

Speakers include Mick Smith, of Calunius Capital; Jonathan Cooperman, of Farber Financial Group; and Hardeep Nahal, of McGuireWoods.

It is one of more than 20 sessions on the theme of “Financial Intelligence and Investigations” that will comprise The 3rd Annual OffshoreAlert Conference Europe, which will take place at The Bloomsbury Hotel, in London, on 10-11 November 2014.

The sessions are aimed at providers, clients and investigators of international financial products and services. All with a view to helping them reduce their risk of becoming a victim of financial crime and, if that has already happened, providing a road-map to recovering assets.

These aren’t empty words. When OffshoreAlert isn’t organising conferences, we are investigating and exposing serious financial crime whilst it is in progress.

Click here for full details of the programme and here for pricing and registration.

The conference will attract 150-plus providers, buyers and investigators of cross-border financial products and services from Europe, the UK, US, Canada and major offshore jurisdictions.

PS – Early Bird tickets for this event are available until 24 September.

Click here to register now or call +1 (305) 372 6296.