Statera Capital, LLC

An exciting way to end the year: Legal 500 has recognized Statera Capital, LLC as a leading U.S. commercial litigation funder. Statera is proud to have moved up in this year’s rankings and to be included in Legal 500’s rankings for the third year in a row. Many thanks to all of the clients, industry peers, and law firms we are fortunate to work with for making this recognition possible. Congratulations to the Statera team - Chip Hodgkins, Andrew Woltman, Matthew Blumenstein, Stewart Ackerly, and Richard Greenberg. And kudos to the other U.S. honorees -- Burford Capital, Omni Bridgeway, Parabellum Capital, Bench Walk Advisors Ltd, Therium Capital Management, Delta Capital Partners Management, and Erso Capital. See the full rankings here: https://lnkd.in/g-tphPeW   An early Happy New Year to all!

Statera's Andrew Woltman and Stewart Ackerly attended CAC Group's Contingent Risk conference in Washington, DC last week. Many thanks to all those at CAC -- including David Barnes, Andrew Mutter, Megan O'Hara Easley, Max Bernstein, and Michael B. Wakefield -- for hosting an engaging and productive two days of discussion with leading insurers, funders, brokers, underwriters, investors, and other legal experts. Insurance is a key part of the broader legal finance industry, and we are excited to see how funders and insurers can continue working together in the years ahead to help law firms and clients with meritorious claims and judgments.

Insightful article from David Lat at Bloomberg Law about how far the U.S. commercial litigation finance industry has come in the past decade. From its very existence being questioned to now being a fundamental part of business for Big Law and law firms of all sizes, commercial litigation finance has gone "from the fringe to mainstream." The decision by the U.S. Court's Advisory Committee on Civil Rules to study whether to adopt a new rule in the Federal Rules of Civil Procedure on disclosing litigation finance is just another example of the normalization and mainstreaming of this important financial resource for law firms and companies pursuing meritorious claims. Statera is proud to be a part of this industry, to hold itself to the highest ethical standards, and to provide responsible solutions for meritorious commercial disputes that need $500,000 to $4mm in funding. Thanks to Casey Grabenstein at Saul Ewing LLP, Mike Lackey at Mayer Brown, Wendie Childress at Westfleet Advisors, Benjamin Blum at Flexpoint Ford, and Mani Walia at Siltstone Capital for sharing their perspectives on where the industry has come from and where it is going. #litigationfunding #legalfinance #litigationfinance #thirdpartylitgationfunding https://lnkd.in/ea4nTxaC

Law360 featured expert analysis from Statera Capital, LLC's Stewart Ackerly regarding the Advisory Committee on Civil Rules' recent decision to study whether litigation finance should be subject to mandatory disclosure in federal courts. The Advisory Committee's decision comes amidst ongoing discussion on the topic, and follows an opinion expressed earlier this year by the federal judge serving as a top advisor to Chief Justice John Roberts that disclosure was unnecessary as long as a funder does not control litigation. Stewart explains that the Advisory Committee’s decision is ultimately a positive development and further demonstrates the normalization and importance of litigation finance in the United States legal system. This discussion is also part of a larger discussion happening about the regulation of litigation finance. For example, both New York University School of Law and the University of Utah S.J. Quinney College of Law recently hosted conferences on this issue. Read Stewart's full article by clicking the below link to Law360 (subscription required) or by clicking here: https://lnkd.in/ePXXYWUa https://lnkd.in/esHQ95uu #litigationfunding #litigationfinance

Third Circuit Judge Stephanos Bibas, sitting by designation in the District of Delaware, recently issued an order denying Target's attempt to secure third party discovery from the plaintiff's litigation funder, Validity Finance, LLC. Judge Bibas provides a cogent, compelling, and concise explanation for why communications with a funder are either protected as Attorney Work Product or of so little value in the underlying litigation that requiring discovery "would impose a burden disproportionate to their value," in contravention of Rule 26(b)(1). Judge Bibas's decision adds to a growing body of case law protecting communications with a funder from discovery. As the Advisory Committee for Civil Rules takes up the issue of whether to require disclosure of litigation funding in civil disputes in federal courts, Judge Bibas's decision is a useful reminder of why a plaintiff receiving funding should not be an issue in the case and how courts have the tools to address funding if and when necessary. #litigationfinance #thirdpartylitigationfunding #commerciallegalfinance https://lnkd.in/e3KTuzRd

Statera's Andrew Woltman spoke last week at LITFINCON about the latest developments in litigation finance. Andy joined Jason Bertoldi, Heather Bandonell, Paul Cody, and Justin Brass for a wide-ranging conversation on the latest trends in litigation finance and where they see the industry going in the coming years. With Statera's unique focus on commercial disputes that need $500,000 to $4 million in financing, Andy provided a unique perspective on how law firms of all sizes -- from AmLaw 200 firms to leading regional firms and boutiques -- are utilizing funding to help clients pursue meritorious claims and maximize recoveries. Special thanks to Mani Walia, Allyson Herebic, and everyone else involved with organizing LITFINCON and putting on a great conference. To read more about the discussion, click here: https://lnkd.in/ecSYDDJc

We loved hearing different perspectives on the "Trends and Drivers" Panel. Thank you to Jason Bertoldi of WTW for speaking at LITFINCON for the 4th time and moderating this panel again. Thank you to Andrew Woltman of Statera Capital, LLC, Justin Brass of JBSL, Heather Bandonell of Western Alliance Bank, and Paul Cody of Counsel Financial for sharing their valuable insight. What a great start to Day 1 of #litfincon! #litigationfinance #litigation #litigationfunding #legalfunding #litigationfinanceconference

Roll out the red carpet... Final speakers announced for LITFINCON Los Angeles! ➡ Jason Bertoldi of WTW ➡ Andrew Woltman of Statera Capital, LLC ➡ Justin Brass of JBSL ➡ Heather Bandonell of Western Alliance Bank ➡ Paul Cody of Counsel Financial ➡ Andrew Mutter of CAC Specialty ➡ L Kirstine Rogers of Certum Group ➡ Ben Herbert of Miller Barondess, LLP ➡ Ajit Singh of The Litigation Fund ➡ Nathaniel D. McKitterick of DLA Piper ➡ Jake Varghese of Litigo Financial ➡ Shawn B. of Susman Godfrey LLP ➡ Danielle Joy "DJ" Healey of Spencer Fane LLP ➡ Connor Williams of Vanbridge, an EPIC company ➡ James Blick of Erso Capital ➡ Robert Martorana of REMO Litigation Finance LLC ➡ Sarah Lieber of JBSL ➡ M. Elizabeth Day of Bunsow De Mory LLP ➡ Wendie Childress of Westfleet Advisors ➡ CJ Wei of Northleaf Capital Partners ➡ and plenty more! Make sure to register at www.litfincon.com before registration closes. #litigationfinance #litigation #litigationfunding #legalfunding #funding #litfincon #litigationfinanceconference