December 7, 2021

Litigation funder in Cigna case: ‘Never in my wildest dreams did I imagine this would happen’

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By Alison Frankel From Reuters When Irish real estate developer Garrett Kelleher agreed to put up about $3 million to back Cayman Islands litigation to enforce Liberian judgments against the insurer Cigna, he thought the worst possible outcome was that he’d lose his money. He was wrong. Last Friday, U.S. District Judge Paul Diamond of […]

Arrest warrant issued for litigation funders in $180 million case v. Cigna

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By Alison Frankel From Reuters This is not how litigation finance deals are supposed to go. On Friday, U.S. District Judge Paul Diamond of Philadelphia issued a bench warrant for the arrest of Martin Kenney, a lawyer based in the Virgin Islands, and Garrett Kelleher, an Irish real estate developer. The two are facing prosecution […]