Principals and Key Advisors
Selvyn Seidel, Founder and CEO of Fulbrook Capital Management, LLC
Selvyn Seidel founded and is the CEO of Fulbrook Capital Management LLC. Fulbrook is an independent financing advisor on complex national and international commercial claims.
Fulbrook has created and occupies a special space in the Dispute Finance, representing claimants who need assistance in: evaluating their claims; preparing and/or improving the claim for investment, and prosecution; and/or sourcing capital – where Fulbrook identifies and attracts potential investors for the claimant and its claim, from (a) the institutional dedicated financing providers, as well as (b) from individual investors interested in committing only a portion of their capital into Dispute Finance (e.g., a family office, pension fund, hedge fund, or a private equity entity).
If needed by the claimant and acceptable within a jurisdiction’s rules, Fulbrook will assist in buying, selling, or otherwise trading the claim or the claimant itself.
Fulbrook emphasizes certain areas, particularly: patents and other IP; international litigation and arbitration; insolvency, and other serious financial distress situations; and mediation in general and high stake disputes. In exceptional circumstances, it will also work on other claims, such as those involving oil and gas, antitrust, securities fraud, insurance, and serous breach of contract claims.
In a Report by two think tanks that discussed Dispute Finance, Fulbrook was identified along with four other entities, as among the “prominent third-party funders” in the industry worldwide. Additionally, Fulbrook has been recognized for being the leader in the Dispute Finance industry, by over 40 polls and citations since its inception of operations in 2013
Before Fulbrook, in 2007, Mr. Seidel founded and chaired Burford Advisors, an expert advisor in Dispute Finance, and then, in October of 2009, co-founded and chaired Burford Group Ltd., the investment manager for Burford Capital, LLC, which has gone public on the UK Aim market of the London Exchange, and is now one of the largest institutional financing providers in Dispute Financing.
Mr. Seidel is recognized in the industry as a pioneering voice. He was described in the Report referred to above as “probably the frontrunner in the industry,” and is typically described as a leader or pioneer in the industry.
Before Burford and Fulbrook, Mr. Seidel practiced as a litigation attorney for over 40 years in complex litigations and arbitrations, specializing in international. In 1985, he co-founded the New York office of Latham & Watkins, a premier international law firm. Until December 31, 2006 and for almost 25 years, he was a senior litigation partner at Latham and was, at different times, the Chairman of the firm’s International Practice, the founder and Chairman of Latham’s International Litigation and Arbitration practice, and the Chairman of its New York Litigation practice.
Mr. Seidel has been and is an active educator. He was for ten years an Adjunct Professor of Law at the New York University School of Law, teaching courses related to litigation and arbitration. He is an Alumnus Lecturer at Linacre College, Oxford University. He Chairs the Advisory Board of Oxford Law Alumni of America. He lectures on third party finance and participates in conferences and presentations at various law schools in the U.S. and UK (including Harvard Law School, Columbia Law School, Oxford Law, and the University of Iowa Law School), and at various Institutes (such as the RAND Institute of Civil Justice, and at LEXIS NEXIS programs on litigation costing and funding). He is the past chairman of the Advisory Board of the Center for International Commercial and Investment Arbitration Law of Columbia University Law School. He has authored many articles and papers in the industry.
He holds a B.A. in economics from the University of Chicago, a J.D. with honors from the University of California School of Law at Berkeley, and a Diploma in Law from Oxford University.
Leonard Rodney, Managing Partner (New York Office)
Leonard Rodney joined Fulbrook shortly after its formation as a claims analyst, evaluating the merits of claims presented for potential funding. He now serves as the Office Managing Partner of the New York Office.
He received his B.S./B.A. from Boston University in 1969 and his J.D. from New York University School of Law in 1973. Len was the litigation partner in two small boutique law firms and has forty years of experience in handling commercial litigation, trials and appeals in New York State and Federal Courts.
Len’s litigation experience includes contract and labor disputes, corporate dissolution, estate and bankruptcy litigation, real estate, construction and other business issues. In addition, he has participated in numerous arbitrations and mediations. He has also represented several real estate builders and developers in acquiring, developing, financing and selling real estate projects.