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☆ Elite Ukrainian commandos on jet skis conducted a daring raid on a Russian electronic warfare station in Crimea, report says
▼ + stars: | 2023-09-30 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

Ukrainian commandos on jet skis conducted a mission to damage a Russian electronic warfare station in Crimea. Members of the group told The Times of London how they carried out their covert and daring mission. AdvertisementAdvertisementA unit of Ukrainian commandos traveled covertly across the Black Sea on jet skis in a daring raid on a Russian electronic warfare station in Crimea, a report says. AdvertisementAdvertisementThe electronic warfare station had thwarted drone strikes and tracked British Storm Shadow missiles. While the unit approached the peninsula, five Ukrainian support ships fired at Russian positions as a diversion tactic, per The Times.

Persons: —, Borghese, Levan, Timur, Ukraine's, Kyrylo Budanov, GUR Organizations: Times, Ukrainian, Service, Brotherhood Battalion, Storm Shadow, Raptor, REUTERS, Fleet Locations: Crimea, London, Ukrainian, Ukrainian Crimea, Sevastopol, Ukraine

☆ Ukraine has 'completely defeated' a Russian naval infantry brigade of the Black Sea Fleet — for a second time, says think tank
▼ + stars: | 2023-09-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Ukraine has "completely defeated" the Russian 810th Naval Infantry Brigade, Ukraine's spy chief claimed. The Russian military has suffered "extreme attrition and high turnover," the UK MoD said on Saturday. Ukraine's spy chief, Kyrylo Budanov, said that the Russian 810th Naval Infantry Brigade had withdrawn after being defeated amid Ukraine's counteroffensive. AdvertisementAdvertisementThe 810th Brigade had since been reconstituted by the Russian military, and the ISW observed elements of it in the Zaporizhia region this year. A full-strength Russian brigade has at least 2,000 soldiers.

Persons: Ukraine's, Kyrylo Budanov, Budanov, Aleksey Sharov, General Vadym Skibitskyi Organizations: Russian 810th Naval Infantry Brigade, MoD, Service, Black, Fleet, Washington DC, 810th Brigade, UK Ministry of Defense Locations: Ukraine, Wall, Silicon, Washington, Sevastopol, Crimea, Kherson, Russian, Zaporizhia, Russia

☆ Ukraine media say Sevastopol explosions due to special operation
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +1 min

KYIV, Sept 17 (Reuters) - Ukrainian media outlets quoted intelligence sources as saying explosions reported in the Crimean city of Sevastopol on Sunday were due to a joint operation by its forces but a Moscow-installed official said Russia's enemies were trying to claim false victory. Mikhail Razvozhayev, the Moscow-installed governor of Sevastopol, home to Russian's Black Sea Fleet, said on Telegram that everything was calm in his city, the largest in Crimea. He also said no damage was done when Russian air defences brought down three Ukrainian drones in the area on Sunday. Reuters could not independently verify accounts of events on the peninsula, including explosions reported in Sevastopol by Telegram accounts which Ukrainian media quoted intelligence sources as saying were due to a joint operation by Ukraine's GUR military intelligence and the country's Navy. "The planned work of the GUR and Navy continues," the Ukrainska Pravda news site quoted an unnamed intelligence source as saying.

Persons: Mikhail Razvozhayev, Razvozhayev, Ukraine's, GUR, Nick Starkov, Elaine Monaghan, Sandra Maler Organizations: Black, Reuters, country's Navy, Navy, Pravda, Thomson Locations: Ukrainian, Crimean, Sevastopol, Moscow, Crimea, South, Cape, Kyiv, Washington

☆ Dramatic video shows Ukrainian special forces battling a Russian Su-30 from small boats at sea. Kyiv's forces say they scored a hit, forcing the jet to flee
▼ + stars: | 2023-09-12 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Ukraine shared a video of Ukrainian special forces on boats near the platforms battling a Russian fighter jet. The Ukrainians eventually struck the Russian jet with a man-portable air defense system, or MANPADS, according to a translated version of the HUR video with English subtitles. In a video published by Ukrainian GUR about raids on the Boyko Towers sea rig near Crimea, they showed a battle between 3 Ukrainian small boats and a Russian jet. The battle between the boats and the fighter jet was part of a 13-minute video released by Ukraine's military intelligence agency that showed additional aspects of the operation. AdvertisementAdvertisementUK intel added that the week prior to that update a Russian combat jet shot at a small Ukrainian military boat operating near a platform.

Persons: HUR, Ukraine's HUR, Ukrainian GUR, Z7aU43085B — Dmitri, @wartranslated Organizations: Service, Russian, Ukrainian, The New York Times, Reuters, UK Defence Intelligence, intel Locations: Ukraine, Russia, Russian, Wall, Silicon, Crimea, Ukrainian

☆ Ukraine says it has retaken offshore drilling platforms near Crimea
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

KYIV, Sept 11 (Reuters) - Ukrainian forces have regained control from Russia of several gas and oil offshore drilling platforms close to Crimea, Ukraine's military intelligence (GUR) said on Monday. It said on the Telegram messaging app that Kyiv's forces had retaken the drilling platforms known as the "Boiko Towers" in a "unique operation". "Russia has been deprived of the ability to fully control the waters of the Black Sea, and this makes Ukraine many steps closer to regaining Crimea," it said. Before Russia seized the Crimea peninsula, Ukraine extracted a significant part of its natural gas from the Black Sea shelf, providing gas not only for Crimea but also to mainland regions of Ukraine. Reporting by Anna Pruchnicka and Pavel Polityuk, Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.

Persons: GUR, Anna Pruchnicka, Pavel Polityuk, Timothy Organizations: Reuters, Timothy Heritage, Thomson Locations: Russia, Crimea, Moscow, Ukraine, Russian

☆ Ukraine says it hit Russian military base in annexed Crimea
▼ + stars: | 2023-08-26 | by ( ) www.reuters.com time to read: +2 min

Aug 26 (Reuters) - Ukraine's GUR military intelligence agency said on Friday a Ukrainian drone attack had hit a Russian military base deep inside annexed Crimea, while residents reported casualties, explosions and a road closure. Ukrainian intelligence officials said the attack struck Russia's 126th Coastal Defence Brigade based in Perevalnoye, a town more than 200 km (120 miles) from Ukraine-controlled territory. Moscow annexed Ukraine's Crimea in 2014, declaring it Russian territory. The United States says it supports Ukrainian attacks on Russian military targets on the Black Sea peninsula of because it should be demilitarised. "Why was a gate to the military town closed?"

Persons: Ukraine's, Andriy Yusov, Kyrylo Budanov, Abdul Has, Vlad, Julia Julia, Lis, Maria Tsvetkova, William Mallard Organizations: Coastal Defence Brigade, Thomson Locations: Ukrainian, Russian, Crimea, Russia, Russia's, Perevalnoye, Ukraine, Moscow, Ukraine's Crimea, United States, New York

☆ Ukrainian intelligence says it lured Russian helicopter to land in Ukraine
▼ + stars: | 2023-08-23 | by ( Max Hunder | ) www.reuters.com time to read: +2 min

KYIV, Aug 23 (Reuters) - Ukraine's GUR military intelligence agency deliberately lured a Russian military pilot to land his Mi-8 helicopter at a Ukrainian airfield, spokesperson Andriy Yusov said on Wednesday, amid differing media reports of what happened. A successful operation to capture a working Russian helicopter and its pilot would represent an audacious coup for Ukraine, allowing it to simultaneously replenish its limited aviation stocks while also potentially getting valuable intelligence on the Russian air force. The report said the helicopter landed in eastern Ukraine with the pilot. Ukrainian military journalist Yuriy Butusov reported that the Mi-8 helicopter had landed at a Ukrainian air base "some time ago", citing unnamed sources in the Ukrainian military command. In April, Ukraine's domestic security service accused a number of Ukrainian military personnel of treason after what it said was an unsuccessful attempt to lure a Russian pilot to land at a Ukrainian air base, which led to a lethal Russian missile strike on that location in July 2022.

Persons: Ukraine's, Andriy Yusov, Yusov, Yuriy Butusov, Butusov, GUR, Max Hunder, Nick Macfie Organizations: Reuters, Thomson Locations: Russian, Ukrainian, Ukraine, Fighterbomber

☆ Russia is sinking its own ships in a desperate attempt to protect a vital bridge from sea drones, Ukraine says
▼ + stars: | 2023-08-23 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Russia is sinking its own ferries to create a protective barrier in the Kerch Strait, Ukraine said. Russia is doing this to protect the Kerch Bridge from Ukrainian sea drone attacks, they added. But Stephen Wright, a drone technology developer, told Insider that the new tactic won't prove useful for Russia, at least against drone attacks. Russia has been trying to deploy all kinds of defenses amid a series of audacious Ukrainian sea drone attacks in the area, which have previously damaged large warships. AdvertisementAdvertisementThe attacks have ramped up ever since Ukraine unveiled a new sea drone that packs hundreds of pounds of explosives and is faster than anything in the Black Sea, CNN reported.

Persons: GUR, Stephen Wright Organizations: Service, Main Intelligence, Ukraine's Defense Ministry, CNN Locations: Russia, Kerch Strait, Ukraine, Kerch, Wall, Silicon, Russian, Crimea, Kyiv

☆ Two Ukrainian drones shot down over Moscow region, flights briefly disrupted - Russia
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Stringer Acquire Licensing RightsMOSCOW, Aug 22 (Reuters) - Russia shot down two Ukrainian drones over the Moscow region with no casualties and brought down a further two drones over the Bryansk region that borders Ukraine, the Russian Defence Ministry said on Tuesday. A Reuters reporter in the town of Krasnogorsk in the Moscow region, seat of the Moscow regional government, saw minor damage to tiling on a high-rise residential building and shattered glass exterior window panes in a few of its apartments. At least two people were injured a day earlier when parts of a Ukrainian drone destroyed by Russian air defences fell on a house in the Moscow region, the regional governor said. The Russian defence ministry said that nobody had been hurt in the latest attack. "Two drones were detected and destroyed by air defence systems over the territory of the Moscow region."

Persons: Stringer, GUR, Andriy Yusov, Andrew Osborn, Maria Tsvetkova, Jacqueline Wong, Michael Perry, Angus MacSwan Organizations: REUTERS, Rights, Russian Defence Ministry, Reuters, Police, Kremlin, TASS, Russian, Thomson Locations: Krasnogorsk, Russia, Moscow, Bryansk, Ukraine, Ukrainian, Odintsovo, Chastsy, Russian, Kyiv, Moscow's, Kaluga, New York

☆ Russia is getting hit at home, and Ukraine's spies say there's only one way to make it stop
▼ + stars: | 2023-08-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Moscow was hit by another suspected Ukrainian drone attack this week. A man checks the debris next to a damaged office building in the Moscow City following a reported Ukrainian drone attack in Moscow, Russia, August 1, 2023. After a May attack on Moscow, experts speculated that Ukraine aims to give Russia "a taste of its own medicine." Firefighters and a police officer stand next to a damaged building in the "Moscow City" business district after a reported drone attack in Moscow, Russia, early Tuesday, Aug. 1, 2023. "We have made clear we don't encourage or enable such attacks," a US State Department spokesperson told Insider on Tuesday after the most recent drone attacks.

Persons: Mykhailo Podolyak, Vladimir Putin, Russia —, Volodymyr Zelenskyy, it's Organizations: Moscow, Service, Russia, REUTERS, Presidential, Twitter, Firefighters, Ukraine, New York Times, US State Department Locations: Wall, Silicon, Ukraine, Moscow, Ukrainian, Russia, Evgenia, Kyiv, Russia's

☆ Ukraine's spymaster comes out of the shadows
▼ + stars: | 2023-07-14 | by ( Tom Balmforth | ) www.reuters.com time to read: +5 min

For an intelligence chief running Ukraine's spy operations during war with Russia, Kyrylo Budanov, 37, has built up an unusually public profile that he has used to get his message out and to menace Russia from afar. These days, a spy boss cannot stay in the shadows, he says. "It's not possible without this, not anymore," the head of Ukraine's Main Intelligence Directorate (GUR) told Reuters in an interview at his heavily defended headquarters in the capital. The prospect of a spy agency sending assassins to hunt down Ukraine's enemies has drawn comparisons with Israel's Mossad. Budanov began his military career as a special forces operative and served in the east after Russia illegally annexed Crimea and its proxies took over Ukraine's eastern fringes.

Persons: Vladimir Putin, Kyrylo Budanov, GUR, Budanov, Yevgeny Prigozhin, Putin, haven't, Tom Balmforth, Sergiy, Mike Collett, White, Peter Graff Organizations: Kyiv, Ukraine's Main Intelligence, Reuters, Russian Interior Ministry, Thomson Locations: Moscow, Russia, Ukraine, RUSSIA, Russian, Crimea, Rybalskyi

☆ Russia reducing personnel at Zaporizhzhia nuclear plant - Ukrainian intelligence
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

KYIV, June 30 (Reuters) - Russia is gradually reducing the number of personnel at the occupied Zaporizhzhia nuclear power station in southern Ukraine, Ukraine's military intelligence agency said on Friday. Kyiv accused Russia this month of planning a "terrorist" attack at the nuclear plant involving the release of radiation. GUR said that among the first to leave the nuclear power station were three employees of Russian state nuclear firm Rosatom who had been "in charge of the Russians' activities". Kyiv and Moscow have accused each other of shelling the vast complex at the Zaporizhzhia nuclear power station, Europe's largest. Ukraine, then part of the Soviet Union, suffered the world's worst nuclear accident in 1986 at the Chornobyl nuclear power plant.

Persons: GUR, Rosatom, Anna Pruchnicka, Timothy Organizations: Reuters, Directorate of Intelligence, Ministry of Defence, Employees, Timothy Heritage, Thomson Locations: Russia, Ukraine, Moscow, Russians, Crimea, Enerhodar, Kyiv, Soviet Union

☆ Ukraine spy chief accuses Russia of 'mining' cooling pond at Zaporizhzhia nuclear plant
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

KYIV, June 20 (Reuters) - Ukraine's military intelligence chief accused Russia on Tuesday of "mining" the cooling pond used to keep the reactors cool at the Russian-occupied Zaporizhzhia nuclear plant in Ukraine's south. The vast six-reactor complex, Europe's biggest nuclear plant, has been under occupation since shortly after Moscow's forces invaded in February last year. "...Most terrifying is that the Zaporizhzhia nuclear plant was additionally mined during that time... namely the cooling pond was mined," Kyrylo Budanov, head of the GUR agency, said on television, without providing evidence for his assertion. The two sides have accused each other of shelling the plant and its environs, and international efforts to establish a demilitarised zone around the complex have failed so far. Reporting by Anna Pruchnicka and Kyiv newsroom; editing by Tom Balmforth and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: GUR, Anna Pruchnicka, Tom Balmforth, Mark Heinrich Our Organizations: Reuters, Thomson Locations: Russia, Russian, Ukraine's, Kyiv

☆ Australia’s popular Fraser Island has reverted to its traditional name of K’gari
▼ + stars: | 2023-06-07 | by ( Amarachi Orie | ) edition.cnn.com time to read: +2 min

The world’s largest sand island is now officially known by its traditional name, K’gari, the government of the Australian state of Queensland announced Wednesday. The name change formally recognizes the connection of the indigenous Butchulla people to the UNESCO World Heritage site on Australia’s east coast. “In our creation stories, our stories handed down by generations, it has always been K’gari and always will be,” Gayle Minniecon, chairperson of Butchulla Aboriginal Corporation, said in a press release. It’s what we call home,” Joyce Bonner, Butchulla Aboriginal Corporation Language and Cultural coordinator, said in a statement ahead of the reinstatement. K’gari means “paradise” in the Butchulla language and is pronounced “GUR-rie” or “Gurri,” according to the Queensland government.

Persons: CNN —, ” Gayle Minniecon, “, ” Joyce Bonner, GUR, rie ”, Reuben Nutt, K’gari, ”, Patricia O’Callaghan Organizations: CNN, Queensland, UNESCO, Aboriginal Australians, Aboriginal Corporation, Butchulla, Tourism, “ Locations: “, Queensland, Fraser

☆ How Russians end up in a far-right militia fighting in Ukraine
▼ + stars: | 2023-05-11 | by ( Agnieszka Pikulicka-Wilczewska | ) www.reuters.com time to read: +9 min

[1/3] Danil Yugoslavsky gets ready at Civic Council’s Warsaw office, hours before crossing into Ukraine, in Warsaw, Poland, January 15, 2023. Max Smit, who crossed into Ukraine with Yugoslavsky, had never held a weapon before he joined the RVC. And there are some who think that fighting for the motherland is their cause," said Galeotti, naming the Rusich Group and ENOT Corp among far-right paramilitary units fighting on Russia's side. That's still a fraction of the hundreds of thousands of soldiers and volunteers fighting in Ukraine, and the thousands of foreigners that have been fighting Russian forces there. According to Sokolov, RVC fighters received regular salaries from the Ukrainian defence ministry.

☆ Ukraine's military intelligence agency is showing off the Black Hawk helicopter it got through a crowdfunding campaign
▼ + stars: | 2023-04-27 | by ( Stefano D'Urso | The Aviationist | ) www.businessinsider.com time to read: +4 min

Ukraine's military intelligence agency has released footage of a Black Hawk helicopter it recently received. Special-operations personnel from Ukraine's military intelligence agency train with a Black Hawk helicopter in April. Currently, Ukraine can easily accommodate about a hundred Black Hawk multirole helicopters, about 50 Apache attack helicopters and about 40-60 Chinook cargo helicopters", said the first Ukrainian Black Hawk pilot, who carries the call sign "Maestro." So far this is the only UH-60 helicopter in Ukraine. We now know that the Black Hawk in question is a 1980 UH-60A model, which formerly served in the US Army with the serial number 80-23439.

☆ Israeli defence minister calls for halt to judicial overhaul
▼ + stars: | 2023-03-25 | by ( Maayan Lubell | ) www.reuters.com time to read: +3 min

JERUSALEM, March 25 (Reuters) - Israeli Defence Minister Yoav Gallant on Saturday called on the government to halt legislation on changes to the judiciary, saying the bitter dispute over the measures poses a danger to national security. Far-right police minister Itamar Ben-Gvir urged Netanyahu to fire Gallant, who he said had caved to opposition pressure. Israeli media said around 200,000 Israelis rallied against the plan in Tel Aviv on Saturday, with tens of thousands more across the country. I will do everything in my power, to prevent my country from becoming one," said Tel Aviv protester Janna Gur, 64. Additional reporting by Rami Amichay in Tel Aviv; Writing by Maayan Lubell; Editing by Andrew Heavens and Giles ElgoodOur Standards: The Thomson Reuters Trust Principles.

☆ A New Zealand veteran who led an elite unit in Ukraine and staged a dramatic rescue was killed in the fighting
▼ + stars: | 2023-03-22 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

A New Zealand veteran who led an elite unit in Ukraine died on Monday, multiple reports said. A viral video showed how he helped rescue a Ukrainian prisoner of war in Bakhmut earlier this month. Officials in Ukraine and New Zealand told Insider they were aware of the reports and were working to verify them. Earlier this month, a video showing his unit's rescue of a Ukrainian prisoner in Bakhmut, went viral. Te Tai told The New Yorker in December that he was not afraid of dying, saying: "I've had a good life, I can die happy."

[1/2] The remains of the Ninel Hotel, a hotel taken over by Russian security officials that was hit by the Ukrainian military on October 5, are seen in downtown Kherson, Ukraine November 17, 2022. Ukraine's SBU and Russia's FSB did not respond to requests for comment on Dollar’s account or other partisan operations. Pavlo Zaporozhets served in the Ukrainian army from 2014-17 and joined Ukraine's GUR military intelligence during the occupation of Kherson, Ladin said. While some details about the FSB account were true, Ladin said, the FSB falsely accused Zaporozhets of deliberately targeting civilians as well as the night patrol. Despite the liberation of Kherson, Dollar said he and Kosatka would continue aiding the resistance until Ukrainian troops recover Crimea, where the couple owns an apartment.

☆ From Nike to Nutella: Company names you have probably been mispronouncing your whole life
▼ + stars: | 2023-02-06 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +6 min

Global company names often get Anglicized or Americanized to the point where they're unrecognizable, but brands could see some benefits if their names are pronounced correctly. Allianz: al-ee-anz"Allianz " is, perhaps unsurprisingly, the German word for "alliance." It isn't pronounced like the ancient Greek herald of the gods, Hermes, unlike the U.K. delivery company of similar spelling. Moët & Chandon: mow-et ey shon-donIn contrast to typical French pronunciation, there is a hard "T" sound at the end of "Moët." Heuer is the last name of the company's founder, Edouard Heuer.

☆ Ukraine to replace defence minister in wartime reshuffle
▼ + stars: | 2023-02-05 | by ( ) www.reuters.com time to read: +2 min

Feb 5 (Reuters) - Ukraine is set to replace Defence Minister Oleksii Reznikov with the chief of its military spy agency, a close ally of President Volodymyr Zelenskiy said on Sunday, in a reshuffle at the forefront of Ukraine's war campaign. He said that Ukraine's "force" agencies - like the defence ministry - should not be headed by politicians, but by career defence or security officials. Reznikov, 56, became defence minister in Nov. 2021, just a few months before Russia launched its full-scale invasion of Ukraine on Feb. 24, 2022. As a wartime defence minister, Reznikov singled out Ukraine's "de facto" integration into the NATO military alliance as a top priority, even if joining the bloc was not immediately possible de jure. During his tenure as defence minister, he spoke out strongly about wartime corruption, which he said was akin to "marauding".

☆ Amazon's drone delivery unit hit with layoffs just as 10-year-old project finally launches
▼ + stars: | 2023-01-20 | by ( Annie Palmer | ) www.cnbc.com time to read: +12 min

Two employees said Carbon, who replaced Prime Air co-founder Gur Kimchi, was hired to turn Prime Air into a real business with a sensible budget. Sources with knowledge of Prime Air said cuts in the drone delivery business were expected considering the division's many struggles. Monica Williams, a College Station resident, poses with a Prime Air drone at a community event in July. College Station residents also expressed concern about the prospect of drones harming the deer, foxes and birds that are native to the area. "As we continue to expand, we will update you when drone delivery is available for your household."

☆ The death of an American soldier fighting in Ukraine exposes chaos and dysfunction in the foreign legion
▼ + stars: | 2022-12-03 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +12 min

The widow, alongside other soldiers, told Insider about mismanagement and dysfunction in the legion. A Foreign Legion fighter looks on at wreckage in Ukraine following a Russian attack. "When we were told to go out again, in my mind I knew someone was going to die," AJ told Insider. "How everything was handled, especially after his death, was scandalous," Lipka told Insider. Mavericks told Insider he suffers from post-traumatic stress disorder and still mourns the deaths of his comrades.

The body of an American who died fighting in Ukraine is being held for a potential war crimes investigation, his family said Tuesday. This is another in a series of delays as Joshua Jones’ family waits to lay his body to rest. Andrea Morales for NBC NewsUkraine has worked to document potential Russian war crimes since the invasion began, investigating alleged murder, torture and rape of civilians and soldiers. Moscow has denied the many war crimes allegations it has faced. The State Department, which confirmed to the family that Jones' remains were secured, did not respond to a request for comment.

☆ Gold rush: Lawyers are flocking to Arizona to take advantage of new rules resulting in a flood of outside investments in law firms
▼ + stars: | 2022-10-19 | by ( Jack Newsham | ) www.businessinsider.com time to read: +10 min

In 2021, Arizona changed its rules to let non-lawyers co-own law firms, many of which are highly profitable: They collectively made an estimated $320 billion in the US last year. Today, 47 states — all but Arizona, Utah, and Washington — ban anyone but lawyers from owning law firms. Some of the firms Arizona has approved have said they plan to advertise nationwide, and refer cases to other law firms that will actually do the work. Pre-settlement funding, which is one of the riskier kinds of loan for plaintiffs' law firms, often has interest rates of 12 to 20 percent, Ziser said. The UK has allowed outside investment in law firms since 2007 without major scandal, he said, but it also takes a loser-pays approach to lawsuits that can cut down on frivolous claims.

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