BridgePoint Financial Services Inc. - John Rossos

BridgePoint Financial Services Inc. - John Rossos
FIRM:
BridgePoint Financial Services Inc.
AREAS OF PRACTICE:
Legal Supplier

Since 2002, BridgePoint Financial Services Inc. (and its predecessors) has been the pioneering force in developing Canada’s litigation finance market. We are the only full-service provider of innovation funding solutions for plaintiffs, lawyers and the experts involved in advancing legal claims. The company's goal is to level the litigation playing field and to protect its clients’ rights to full and fair access to justice.

BridgePoint’s reputation and expertise has created opportunities to finance a broader range of legal claims in areas such as employment, trusts and estates, commercial, securities, class action, and mass tort in Canada, the U.K. and elsewhere.

BridgePoint Financial Services Inc. - John Rossos Posts

Time for a more fulsome debate on ABS

The controversy around consumer law giant Slater & Gordon shouldn’t be used as a pretext to shut down debate in Canada around adopting Alternative Business Structures (ABS) for law firms, says BridgePoint Indemnity Company Chairman and CEO John Rossos . Read more

Tar Ponds court action shut down, deemed too costly

HALIFAX – The law firm that represents Cape Breton residents who launched a class-action lawsuit claiming the Sydney tar ponds exposed them to contaminants has concluded the litigation should stop after 11 years of legal wrangling. Read more

Canadian law firm to merge with U.K.'s Wragge Lawrence Graham

TORONTO – A Canadian law firm says it's mergering with a U.K. counterpart to create Gowling WLG, which will focus on a wide range of global sectors from offices in major cities around the world. Read more

BridgePoint expands into European market with SpectraLegal

BridgePoint Financial Services Inc. , the only company of its kind in Canada, has expanded into Europe, establishing SpectraLegal , an affiliated funding company based in Ireland that offers specialized financing for law firms in England and Wales. Read more

Legal cost indemnity protection and the question of privilege

By John Rossos . With the introduction of legal cost protection, defendant insurers are increasingly requesting the production of legal cost protection indemnity agreements (Indemnity Agreement). In some cases, it is simply requested as an undertaking from discovery; in other cases, the defendant insurer is arguing that disclosure is required based on statute or regulatory provisions that require the disclosure of “insurance” contracts. The issue of production has also arisen in situations where the Indemnity Agreement has been advanced to defeat a security for costs motion. Irrespective of the defendant insurer’s motivation for seeking production, the question is whether these agreements, unlike the defendant’s insurance policies, are privileged and required to be produced. Read more

SCC rejection of Tar Ponds appeal underscores need for indemnity protection

The Supreme Court of Canada’s decision not to certify a class-action lawsuit – launched by Cape Breton residents who claim the Sydney tar ponds exposed them to contaminants – underscores the importance of indemnity protection for plaintiffs who, without such funding, wouldn’t be able to access justice, says BridgePoint Indemnity Company Chairman and CEO John Rossos. Read more

Legal cost protection indemnities versus ATE insurance

By John Rossos . Class counsel faced an interesting dilemma: do they provide an indemnity to their clients and potentially place themselves in a conflict of interest or do they reject valuable legal claims that have a significant public interest dimension? By rejecting claims, counsel would inhibit access to justice by not prosecuting meritorious claims. This would undermine the fundamental objectives of class proceedings legislation across Canada, which introduced class proceedings as a key mechanism for enhancing access to justice. This dilemma traces back to 2007 when an Ontario Superior Court judge compelled class counsel to indemnify its client against an adverse cost award in Poulin v. Ford 2007 CanLII 56490 (ON SC), where class counsel did not expressly offer the representative plaintiff an indemnity in its retainer agreement. Read more

BridgePoint offers protection for personal injury claimants

BridgePoint Indemnity Company offers legal cost protection that helps people who have been seriously injured to obtain the settlement they deserve, says an animated informational video that appears on YouTube. Read more

BridgePoint offers financing to advance access to justice

"We continually educate counsel and clients on various ways that we could share risks with them to make sure they can advance their claims and obtain fair compensation," he tells AdvocateDaily.com. Read more