Posts Tagged : ELFA

Stonward joins The European Litigation Funding Association (ELFA)
Stonward joins the European Litigation Funding Association (ELFA)

Stonward, litigation funder focusing on Spain and Latin America, is very pleased to announce that it has joined the European Litigation Funding Association (ELFA), as the association now builds towards becoming the collective voice of the European Litigation Funding Industry. The Spanish leading newspaper Expansion has shared the news. (link)   Guido Demarco, Director and Head of Legal Assets of Stonward, explained why it was important for the funder to become part of ELFA: “we are thrilled to announce our membership in the European Litigation Funding Association (ELFA), marking a significant milestone in our journey as a litigation funder based…

2022: A Year in Review for Litigation Funding

As we prepare to say goodbye to 2022, we would like to pause for a moment and reflect on the Litigation Funding related milestones that have defined the year. Regulations 2022 has been signaled by regulatory developments for the Litigation Funding Industry. Importantly, on September the European Parliament approved a set of recommendations to the Commission on Responsible Private Funding of Litigation. The Resolution recognizes that litigation funding is a growing practice in the EU and calls for a proposal for a Directive to establish common minimum standards on third-party commercial litigation funding addressing the transparency, fairness, and proportionality of…