In ThoughtLeaders4 Article, Elena Rey and Tristan Dollie Examine Litigation Funding of Class Actions

Partner Elena Rey and Counsel Tristan Dollie co-authored an article on litigation funding of class actions in ThoughtLeaders4 Disputes Magazine.

The article, entitled “Class Assignment: Facilitating David vs. Goliath,” was published on Oct. 3 in the magazine’s ‘Financial Institutions Litigation’ edition.

The authors noted that, following the widely publicised class actions against the VW Group regarding “cheat devices” for measuring emissions, litigation funding of class actions and the number of litigation funders has increased significantly in the U.K. and Europe as investors seek to diversify their investment portfolios with investments in uncorrelated asset classes that continue to offer attractive yields, but are less susceptible to macroeconomic and political volatility.

“Group litigations such as those arising from breaches of consumer rights are being complemented by nascent and relatively novel class actions in the crypto currency sector and will, we anticipate, start to emerge in the nonfungible token (NFT) space,” Rey and Dollie wrote.

“Given the increasing complexity of the underlying claims (particularly in relation to crypto assets) and relevant funding arrangements required for class actions of this nature, there are various issues that need to be considered when funding a class action.”

Read the full article here.