Ethics/Professional Responsibility
Nov. 9, 2026
Capital, not control: Structuring litigation finance under AB 2305
California's new litigation funding rules will test how funders structure returns, finance portfolios and monitor investments while preserving lawyers' and clients' authority over litigation decisions.
On Oct. 7, Omni Bridgeway announced the completion of a $1 billion capital raise across two litigation finance funds. The international litigation funder, which maintains offices in Los Angeles and San Francisco, has indicated that it plans to expand its U.S. operations. The announcement comes as California's new framework for nonlawyer financial involvement in litigation practices approaches its operative date. For funders allocating capital across jurisdictions, and for the Californi...
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