Litigation finance is a phenomenon growing at a monumental pace. Five years ago, capital committed to commercial litigation financing in the US totaled approximately USD 500m. Today, that capital commitment sits at approximately USD 10bn, according to Marc Carmel, co-chair of McDonald Hopkins’ litigation finance group.
Yet notwithstanding this growth, many questions remain about the industry’s demand, investment mechanics and funding arrangements, especially as they relate to distressed and restructuring litigation financings.
To help unravel some of this mystery, Marc recently joined Debtwire’s Richard Goldman for the latest episode of Debtwire Radio. During their conversation, Marc and Richard explain the increased demand for commercial litigation finance in the US, examine how law firm portfolio funding has helped to spur this demand, and analyze the terms and structure of funding agreements that often govern litigation finance investments.CLICK HERE to listen to the podcast.