Amid Scrutiny, Litigation Funders Maintain Presence in Delaware Court Despite Rumored Exodus

Recent reports have suggested that third-party litigation finance providers are departing from the U.S. District Court for the District of Delaware due to Chief U.S. District Judge Colm Connolly’s standing order on third-party litigation funding arrangements. However, these claims seem to be unsubstantiated. A recent examination conducted by Will Freeman and Sarah Tsou at Omni Bridgeway argues that responsible funders continue to operate efficiently within this jurisdiction. They suggest that various factors, not necessarily connected to the standing order, could account for the observed decrease in filings. For more insights, the full analysis can be accessed on Law360.