Congratulations to Washington and Lee law professor Victoria Shannon! Professor Shannon’s forthcoming work Harmonizing Third-Party Litigation Funding Regulation is named among the top ten papers in the SSRN Negotiation & Dispute Resolution eJournal. The paper will appear in the Cardozo Law Review in the coming academic year.
From the abstract:
Third-party litigation funding is no longer a new phenomenon, but rather is a mainstay in global commerce and dispute resolution. Yet, many observers still consider the third-party litigation funding industry as a “wild west” due to a lack of regulation in many countries. Some of the countries that do have regulations suffer from a lack of uniformity, particularly countries with sub-national political divisions (e.g., states, provinces, territories, etc.) that have conflicting laws. The United States is an example of a country that has a confusing patchwork of laws on third-party litigation funding. This article proposes harmonizing the regulatory framework for third-party litigation funding in the United States by: (1) identifying the three categories of interactions – transactional, procedural, and ethical – that make up third-party litigation funding; (2) proposing areas for regulation within those three categories; and (3) linking those regulations together through cross-references to create a harmonized regulatory framework. This approach will weave a regulatory “safety net” of minimum standards for behaviors and interactions of the players in third-party litigation funding arrangements to ensure the integrity of the dispute resolution system.
Prof. Shannon Presents at the Institute for Transnational Arbitration (ITA) Annual Workshop and Joins the ITA Academic Council
On Thursday, June 19, 2014, Professor Victoria Shannon served as a panelist on a panel about third-party funding at the 26th Annual Workshop of the Institute for Transnational Arbitration (ITA) in Dallas, TX. The workshop, entitled “Modern Enforcement of Arbitral Awards: ‘Show Me the Money,’” is widely recognized as the leading conference in the field.
Professor Shannon has also accepted an invitation to join the prestigious ITA Academic Council, made up of the top academics in the field of international arbitration from around the globe.
Washington and Lee law professor James Moliterno is currently featured by the California Bar Journal. The piece follows a presentation to California’s State Board of Trustees. Professor Moliterno spoke about how the profession has failed to evolve or respond to change such as advances in technology and a globalized economy.
Read the full article from the California Bar Journal: Law professor: Attorneys must evolve with changing times by Laura Ernde
Find more work from Professor Moliterno about the legal profession here.
Washington and Lee law professor Lyman Johnson spoke at the Virginia State Bar Annual Meeting on June 13, 2014. The program was titled “Family Feuds, Shareholder Oppression and Judicial Remedies.” Professor Johnson was joined by William Rakes (Gentry Locke Rakes & Moore LLP), Yama Shansab (Ferguson Walton & Shansab PLLC), and Martha Leary Sotelo (Vaughan Fincher & Sotelo PC) for a multifaceted discussion of the corporate, trust, and psychological issues encountered in the battles for control over Luray Caverns, Disthene, Inc., and the Cavalier Hotel.
In June 2014 Washington & Lee law professor Christopher Bruner contributed to The Conglomerate as a guest blogger. Professor Bruner’s four posts examine issues in corporate governance. His recently published book on the subject is titled Corporate Governance in the Common Law World.
Professor Bruner’s contributions include:
Shareholder Governance Powers in the Common-Law World, June 3, 2014
The Duty of Care as “Fiduciary Duty”, June 9, 2014
Delaware as “Market-Dominant Small Jurisdiction”, June 11, 2014
Washington and Lee Law Professor Erik Luna recently presented his forthcoming work, Prosecutor King, at the Symposium on Prosecutorial Discretion. The Symposium was held on May 16, 2014 at Stanford Law School and hosted by the Stanford Journal of Criminal Law & Policy. Professor Luna’s work will be published in the journal’s inaugural edition.