Google Lawsuit Funder Nears $1.8 Million Win Against Law Firm

December 19, 2022, 7:44 PM UTC

Litigation funding company Woodsford Group Ltd. is moving closer to winning $1.8 million from a law firm it backed in a suit against Alphabet Inc.‘s Google.

A federal district court in Delaware should confirm an arbitrator’s $1.8 million award for Woodsford against law firm Hosie Rice, US Magistrate Judge Sherry Fallon wrote Friday in a recommendation. Fallon said Hosie Rice failed to establish a basis to overturn the award.

The funding dispute started when a Hosie Rice client, Space Data Corp., refused to pay the law firm after it negotiated a settlement in a lawsuit brought against Google. An ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.