A litigation funder is forming a novel company designed to oversee cases from inception to resolution.
UK-based Asertis is now the funding arm of newly formed Legatus Holdings Limited, which includes other subsidiaries KP Law, an insurance managing general agent, and a mass tort and group action claim acquisition company.
The new venture aims to put under one roof two mainstays of the litigation funding ecosystem: investments in mass torts claims and insurance offerings for parties in lawsuits. It highlights the opportunities for funders in the UK and other places where restrictions on law firm ownership have been relaxed.
“There’s ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.