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- 1Ohio Bans International Funders From Third-Party Litigation Finance▼Ohio Cracks Down on Third-Party Litigation Finance by Banning Investment From International Funders
Ohio has moved to restrict third-party litigation funding by barring investment from international funders, according to Law.com. The crackdown limits foreign money in lawsuits where funders back plaintiffs in exchange for a share of settlements or judgments. The move is drawing attention from legal finance firms and defense bar observers watching how other states may respond to similar restrictions on litigation funding.
- 2Fasken Names South African Leaders, Welcomes Back Finance Partner▼Fasken Announces South African Leaders and Return of Finance Partner
Law firm Fasken has announced new leadership appointments in South Africa and the return of a finance partner, according to Law.com. The moves signal the firm's continued investment in its African operations, though further details on the named individuals and their roles were not provided.