Wake Up Call: Litigation Funding Looks at Bankruptcy Court

Below is the latest list of the top news in the legal industry.

• Investors in the growing area of funder-backed litigation are looking at bankruptcy court as a possible new place to make money.Chilmark Partners, a bankruptcy and restructuring firm, and litigation funder Burford Capital said they plan to partner in a $100 million venture to finance and advise on legal disputes arising out of U.S. bankruptcy cases. (WSJ)

• Litigation funder Burford Capital has made a $36 million profit on one of its cases - its largest recovery to date. The company has also reported a ...