The legislation, which will set a 25% cap on a third-party consumer litigation financing company's gross recovery from a ...
WASHINGTON, DC - NOVEMBER 16: The Senate and the Dome of the U.S. Capitol Building is seen on Wednesday, Nov. 16, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) Critics ...
Hedge funds, foreign wealth funds and other investors are transforming American courtrooms into a new capital market.
Just over twenty years ago, a few visionaries came up with the idea of independently providing capital to plaintiffs in litigation in return for a portion of the funds recovered from the lawsuit. Well ...
“Finance has increasingly entered the patent litigation space over the last several years, and more recently, insurance too, with a great deal of money almost flooding the marketplace now.” Today, ...
A federal judicial body plans to look into rules changes concerning disclosure of third-party financing of litigation—a move praised by the U.S. Chamber of Commerce—but the breadth of that probe could ...
According to Validity Finance, generally the terms “litigation funder” or “litigation financier” describe a privately held or publicly traded entity that has its own pool of capital earmarked to ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Litigation financing is having a moment. Increasing in popularity, litigation financing (also known as champerty) allows third parties to provide funding to the plaintiffs in exchange for a portion of ...
Imagine you were asked to write a courtroom scene for a new TV drama about a high-stakes lawsuit. Chances are, you would begin by casting the traditional characters. You need a judge, clerk, bailiff ...