HLC
MMXXVI
Insights
Notes from the house.
The essays gathered here are the doctrinal record of the house. They are written for counsel, principals, and allocators who have reason to understand how a claim is priced before it is funded.
The index
- № 09
- The Seriousness Test
- № 08
- Non-Interference as Doctrine
- № 07
- The Disclosure Turn
- № 06
- The Transparency Era
- № 05
- When Diversification Is Not Enough
- № 04
- Winning Is Not Collecting: Why Enforcement Must Begin at Underwriting
- № 03
- Who Owns the Recovery? The Hidden Priority Problem in Litigation Finance
- № 02
- Litigation Finance in the Transparency Era: Why Capital, Control and Disclosure Now Matter as Much as Merits
- № 01
- Beyond the Merits: What the Radiant World Crisis Teaches Litigation Funders About Control, Priority and Recovery
Commentary
The published register.
- № 09
Trinity Term · MMXXVI
The Seriousness Test
The anterior question a matter must pass before it is modelled, priced, or discussed with its principals.
W. Hudson · 6 min read - № 08
Trinity Term · MMXXVI
Non-Interference as Doctrine
Why the clause that says the funder will not run the case is the most consequential one in the agreement.
J. Villalba · 7 min read - № 07
Michaelmas Term · MMXXVI
The Disclosure Turn
Louisiana, S.3826, a proposed Rule 26 amendment and the Civil Justice Council: why the regulation of funding favours the funder who drafted for daylight.
N. Forsythe · 8 min read - № 06
Michaelmas Term · MMXXVI · Regulation & Market Structure
The Transparency Era
What the New Wave of Litigation-Funding Disclosure Means for Funders, Counsel and Claimants
N. Forsythe · 9 min read - № 05
Michaelmas Term · MMXXVI · Market & Structuring Commentary
When Diversification Is Not Enough
Structural risk in litigation-finance portfolios
J. Villalba · 7 min read - № 04
13 October 2026 · Litigation Finance
Winning Is Not Collecting: Why Enforcement Must Begin at Underwriting
A judgment or award is not the same as cash. This study examines why recognition, debtor identity, asset location, sovereign immunity, sanctions, creditor priority and practical collectability should be tested during underwriting rather than after legal victory.
Hudson Litigation Capital · 14 min read - № 03
13 October 2026 · Litigation Finance
Who Owns the Recovery? The Hidden Priority Problem in Litigation Finance
A successful claim does not necessarily mean the claimant or funder is first in line for the proceeds. This study examines how security interests, assignments, liens, prior funding, insolvency and creditor priority can reshape the economic value of a litigation recovery.
Hudson Litigation Capital · 12 min read - № 02
13 October 2026 · Litigation Finance
Litigation Finance in the Transparency Era: Why Capital, Control and Disclosure Now Matter as Much as Merits
Litigation finance is entering a new phase of scrutiny. This study examines how disclosure, funder control, regulatory fragmentation, capital provenance and financial resilience are reshaping institutional litigation finance.
Hudson Litigation Capital · 14 min read - № 01
13 October 2026 · Litigation Finance
Beyond the Merits: What the Radiant World Crisis Teaches Litigation Funders About Control, Priority and Recovery
A major legal claim may still present serious financing risk when claimant distress, creditor priority, changes in control and cross-border enforcement converge. This study examines why institutional litigation-finance underwriting must extend beyond legal merits alone.
Hudson Litigation Capital · 11 min read
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