The Law and Business of Litigation Finance

How do litigation funders raise capital and how do they spend it? What are their corporate and financial structures? What types of cases do they invest in and what are their returns? What contractual structures do they use? What are the key legal issues relating to litigation funding?

The Law and Business of Litigation Finance answers these questions and is an essential guide for those who seek to provide litigation funding, as well as for anyone who wishes to understand the litigation funding process.

The Second Edition includes:

- New content covering the commercial and finance aspects of litigation finance, examining the different stakeholders, what they seek to achieve, and the risks and rewards that attract them
- Increased coverage of the position in Australia, continental Europe and jurisdictions such as Singapore and Hong Kong
- Updated case law including recent high profile cases in the UK, USA and Australia, and a comprehensive record of relevant legislation and regulations in those jurisdictions

Edited by one of the most accomplished litigation innovators in the international market with contributions from leading experts, this is a must-have guide for all lawyers, commercial court judges, legal policy makers, regulators, investors, and academics in these jurisdictions.

This title is included in Bloomsbury Professional's Practice and Procedure online service.

Steven Friel is Chief Executive Officer at Woodsford, one of the most well-established litigation funders in the international market. Steven has repeatedly been ranked by independent directories as a leader in the field. Chambers and Partners, 2020: 'Steven Friel is ... praised for his hands-on approach and ability to work constructively on even the biggest and most complicated matters. He is very easy to deal with... He grasps the facts and the law extremely quickly. He is an extremely good resource for Woodsford – a great strategic thinker.' Chambers and Partners, 2019: 'He seems to have limitless energy to explore things, and he's extremely sharp.' Chambers and Partners, 2018: 'Steven Friel is very impressive. He has a razor sharp legal mind, is intellectually curious, and has strong business sense.'

Before joining Woodsford, Steven was a partner in the London office of international law firm Brown Rudnick. Prior to joining Brown Rudnick, Steven was a partner in the London office of DAC Beachcroft, and practised from the London and New York offices of Debevoise & Plimpton. Steven is a law graduate of Cambridge University, and graduated top of his class with a Master of Laws degree in International Dispute Resolution from the University of London.