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- 1Canadian Law Firms Eye Growth as Canada and EU Discuss Closer Ties▼Canadian Law Firms Anticipate More European Business as Ottawa, Brussels Explore EU 'Associate Membership'
Canadian law firms are expecting an increase in European business as Ottawa and Brussels explore a form of 'associate membership' for Canada in the European Union. Law.com reports that firms see potential new work advising clients on trade, regulatory and cross-border matters if the negotiations advance. The talks signal a deepening of Canada-EU economic and political relations, though the exact scope and feasibility of associate membership remain to be defined.
- 2Ohio 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.