Gutnicki LLP is excited to introduce our newest member at our Dallas office, Kelley Cox. Kelley has come on as Counsel in our Litigation group. His areas of focus include class-action, securities, and bankruptcy litigation, as well as contract, construction, and insurance disputes. Additionally, Kelley is well-versed in government investigations and regulatory matters, representing clients in inquiries by entities such as the DOJ, SEC, and state attorneys general. Welcome to the firm, Kelley!
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It appears as though litigation finance is getting under the skin of corporate America, in this case it’s Johnson and Johnson. This article highlights both perspectives on the use of litigation finance. The real question is whether there is sufficient science to back-up claims and whether the complex science is being appropriately interpreted by those making decisions, especially in the context of mass tort product liability cases. There are now a number of instances of the industry ‘poking the bear’ and it does make me wonder what happens when the bear rises from its slumber. Knowing the legal profession, we may eventually find out when someone goes too far in the name of seeking “justice”. Spoiler Alert: we’ll now never know what J&J was planning to do with this information.
Johnson & Johnson settlement shows the new stakes in litigation finance
ft.com
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A Florida Senate panel recently took a positive step toward addressing concerns surrounding the third-party litigation financing industry in the state. SB 1276 is a consumer-centric bill that promotes transparency and safeguards against potential overreach by financiers in influencing legal decisions. The bill introduces common sense prohibitions against litigation financing companies receiving a larger share of the proceeds than the plaintiffs or influencing legal strategy. These measures are designed to shine a bright light on the third-party litigation financing industry and ensure fair treatment for plaintiffs. The third-party litigation funding industry, estimated to be worth a staggering $13.5 billion nationwide, has prompted important questions about needed transparency and increasing consumer protection. Floridians are hopeful that this pro-consumer bill will ultimately be passed into law. With a decisive 15-5 vote in favor, the bill is now primed to bring about meaningful change. Under the proposed legislation, attorneys would be required to disclose important information to their clients, the court, opposing counsel, and other relevant parties to the litigated dispute. If enacted, it would establish a crucial mandate for lawyers involved in third-party litigation agreements. https://lnkd.in/dZfVa8MD
Florida Senate Panel Advances TPLF Regulation Bill | Florida Tort Reform
https://www.fltortreform.com
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A strong litigation strategy can make all the difference in a legal dispute. A well-thought-out plan can help you minimize risks, navigate the legal process efficiently, and achieve your desired outcome. Every move in a litigation usually involves a strategic decision. Make sure you understand and agree with your attorney's litigation strategy. - Catherine Pastrikos Kelly https://lnkd.in/ekH4VStn #businesslitigation #attorney #litigationstrategy
Catherine Pastrikos Kelly
https://meyner.com
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D3 | litigation finance industry update '24. #legalnews #legalprofession #legalindustry #litigationfunding #litigationfinance #d3search
Litigation Finance Industry Shrinks After Years of Growth
news.bloomberglaw.com
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Reminder to all my connections and beyond. You want to know what's going on Right Now for FREE? Join in and find out. #consumerprotection #cfpb #oag #lending #banking #consumerloans #realestate #auto #studentloans #mortgage #fintech #proptech #insurtech
We’re a week out from Saul Ewing LLP’s annual Consumer Financial Services Litigation webinar. Join me and my amazing colleagues, Ryan DiClemente, Francis X. Riley III ("Trip"), Colleen Fox, and Kellie Lavery for the latest updates on what’s happening out there in consumer finance litigation. No charge for registration or CLE. Sign up through the link below. Hope to see you there! https://lnkd.in/gtQKU5JJ
CLE Webinar: 2023 Annual Consumer Financial Services Litigation - Significant Developments in Consumer Financial Services Litigation and Enforcement
saul.com
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The firm congratulates Brad Fraser on being named Managing Member of the firm. Brad is an Equity Member in the Knoxville office with 24+ years of multi-state and federal litigation and arbitration experience for clients in various areas, including construction litigation, transportation, products liability, employment, insurance disputes, and professional errors and omissions claims. Congrats, Brad! To read more about the firm's attorneys, please visit our website here: www.leitnerfirm.com #lawfirmmanagement #lawfirm #attorneyatlaw #attorneys
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Who pays and how much are critical questions in any litigation. In this article, my colleagues Adam Diederich and Kirstie Brenson delve into how to contractually account for these questions in common business disputes.
Boilerplate That Matters in Ownership Disputes: An Overview of Indemnification and Advancement Clauses | ArentFox Schiff
afslaw.com
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Litigation conditions in the industry continue to evolve with representation rates, litigation rates and litigation costs increasing, according to a recent report from Sedgwick. The report portrays a challenging and evolving legal landscape in 2024. https://lnkd.in/ggvnGF4F
Report: Attorney Representation Rates, Liability Litigation Rates Rising - Carrier Management
carriermanagement.com
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Senior Vice President - Lockton Companies Helping the C-Suite develop customized risk management and employee benefit solutions
Are you aware of the impact third-party litigation funding and frequent plaintiff attorney advertising can have on your household costs? According to a recent survey by the American Property Casualty Insurance Association and Munich Reinsurance America, most U.S. consumers are not. While 89% of respondents had seen advertisements for plaintiff law firms, more than half were unaware of third-party litigation funding. Additionally, 47% didn’t know a substantial share of jury awards and settlements go to attorneys, not plaintiffs. Most didn’t know about the knock-on effects of frequent and costly litigation, a "tort tax" of $3,621 per household. Did you know this? Were you aware of the tort tax? Leave me a comment below. #StormReport #propertyandcasualty #tortreform
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New Webinar! Negotiating and Settling Tort Cases: Evaluating the Case, Making the Demand, Bargaining Directly or in Mediation Presented by Strafford January 11, 2024 | 10:00am-11:30am Speakers: Stacie Hausner, Esq. – ADR Services, Inc. Guy O. Kornblum, Esq. – Law Offices of Guy O. Kornblum Marc Mayerson, Esq. - The Mayerson Firm 1.5 hours general CLE credits Cost: $197 The reality is that most lawsuits settle. Thus, just as every case should have trial themes and discovery strategies, each one should have a settlement plan and strategy. But most lawyers mistakenly assume that what persuades a jury will persuade opposing counsel or meet the needs of the defendant’s insurers, who may or may not be present, and whose checkbooks will fund the settlement. An overall settlement strategy needs to be developed based on numerous obvious and not-so-obvious factors. Although the parties may frequently be attempting to divide a fixed sum, such as the defendant’s insurance proceeds, some options may exist to expand the pie or the people adding to it. Listen as this premier panel of experienced negotiators and litigators offers guidance on practical actions that personal injury attorneys can take to make their opponents more receptive to their proposals. Register HERE: https://lnkd.in/gvfkfQBC #webinar #Law #arbitration #adr
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