The International Legal Finance Association (ILFA), the global voice of the commercial legal finance industry, recently announced the addition of several new members over the summer, strengthening its ranks at a pivotal moment in its ongoing advocacy efforts. These litigation funders joined on the heels of a victory in the Senate reconciliation process and come from a variety of jurisdictions across the US and globally. They include Brussels-based Deminor Litigation Funding and several US-based funders from New York, Texas, and Florida.
The expansion comes as ILFA continues to champion fairness, transparency, and innovation in legal finance – their fight to protect the commercial legal finance industry continues. Deminor's membership, alongside several other funders, marks a significant milestone in uniting stakeholders under a shared commitment to responsible growth of the legal finance sector. The new members, including Deminor, acknowledge the organisation's need for strength in numbers as legislative fights across the world ramp up.
Each new addition to the association's membership strengthens ILFA's collective voice for addressing both regulatory challenges and opportunities for advancement. Our collective involvement ensures that ILFA can continue and grow its efforts to support and protect the commercial legal finance industry.
Commenting on the membership growth, Rupert Cunningham, ILFA Director of Growth and Membership Engagement, stated:
“The addition of our new members is more than symbolic, as each one reflects the strength and resilience of our industry. As we continue to face legislative and regulatory battles, their expertise and engagement will fortify our ability to advocate for best practices, educate stakeholders, and represent the global legal finance community at the highest levels."
Reflecting on Deminor's decision to join the association, Erik Bomans, CEO of Deminor Litigation Funding, said:
"We are proud to join ILFA and to stand alongside other leading organisations committed to advancing legal finance globally. As a company dedicated to empowering clients through innovative litigation funding solutions, Deminor fully supports ILFA's mission of increasing awareness, understanding, and responsible use of legal finance. Our membership marks an important step in reinforcing our commitment to transparency, ethical standards, and the sustainable growth of our sector."
About the International Legal Finance Association
The International Legal Finance Association (ILFA) represents the global commercial legal finance community, and its mission is to engage, educate and influence legislative, regulatory and judicial landscapes as the voice of the commercial legal finance industry. It is the only global association of commercial legal finance companies and is an independent, non-profit trade association promoting the highest standards of operation and service for the commercial legal finance sector. ILFA has local chapter representation around the world.
