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1 week ago | 
news.bloombergtax.com | Emily Siegel |Rob Tricchinelli
Johnson & Johnson’s failure to resolve mass tort talc litigation through the US bankruptcy system wasn’t just a setback for the health-care giant, but also a costly blow for plaintiffs’ lawyers who got behind the effort.
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1 week ago | 
news.bloomberglaw.com | Alex Wolf |Emily Siegel
Deep DiveMay 27, 2025, 9:00 AM UTC After three failed attempts in bankruptcy courts, Johnson & Johnson has said it will return to state courts to battle widespread litigation alleging its talc-based products, including baby powder, contained cancer-causing asbestos.
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2 weeks ago | 
news.bloombergtax.com | Emily Siegel
A California bill aims to throw a wrench into plans by KMPG and law firms backed by outside investors to operate in the state from their perches in Arizona.
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2 weeks ago | 
news.bloombergtax.com | Emily Siegel
A California bill aims to throw a wrench into plans by KMPG and law firms backed by outside investors to operate in the state from their perches in Arizona.
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1 month ago | 
news.bloomberglaw.com | Emily Siegel
Litigation funder Gerchen Capital Partners closed on a new fund in April, solidifying the financier’s move away from the secondaries market toward a broader investment strategy. The $600 million fund, GCP’s sixth, will target large corporations that want to monetize their litigation and continue to fund late-stage and post-settlement cases with a credit-like strategy.
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1 month ago | 
news.bgov.com | Andrew Oxford |Emily Siegel
Investors financing lawsuits in California with the goal of profiting from a settlement or verdict would have to be licensed by the state under a bill advancing in the Legislature. The measure (AB 743) is the latest effort by California Democrats to bring transparency to an opaque industry worth $16 billion in the US. Past attempts by legislators to tighten rules on state litigation finance have stalled following opposition by consumer attorneys, an influential constituency at the state capitol.
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1 month ago | 
news.bloomberglaw.com | Andrew Oxford |Emily Siegel
IP LawEmailApril 29, 2025, 4:33 PM UTCInvestors financing lawsuits in California with the goal of profiting from a settlement or verdict would have to be licensed by the state under a bill advancing in the Legislature. The measure (AB 743) is the latest effort by California Democrats to bring transparency to an opaque industry worth $16 billion in the US.
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1 month ago | 
news.bloomberglaw.com | Emily Siegel
Global litigation funder Therium Capital Management has laid off some staff due to unspecified changes at the company, according to a person familiar with the matter. Therium listed 25 employees in the UK, US, Jersey, Australia and Germany, as of November of last year, according to the Internet Archive. It recently deleted the employee page from its website.
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1 month ago | 
news.bloombergtax.com | Emily Siegel
Global litigation funder Therium Capital Management has laid off some staff due to unspecified changes at the company, according to a person familiar with the matter. Therium listed 25 employees in the UK, US, Jersey, Australia and Germany, as of November of last year, according to the Internet Archive. It recently deleted the employee page from its website.
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1 month ago | 
news.bloomberglaw.com | Emily Siegel
Georgia Governor Brian Kemp (R) signed a bill regulating the litigation funding industry into law on Monday. The new law allows funding agreements to be discoverable in court and bans funders from directing the cases they bankroll, including having a say in legal counsel selections and settlement decisions.
