Third Party Litigation Funding: Outside Investors Fund Litigation for a Piece of the Pie

more+
less-

Third party companies are opening their checkbooks to fund lawsuits purely as an investment? Yes. Third Party Litigation Funding has crossed over the pond.

Attorneys in the United States appear to be following the trend set by litigators in Great Britain and Australia with Third-Party Litigation Funding. Seems there are a couple of companies already offering to finance American business lawsuits in exchange for a cut in the settlement proceeds or judicial award. (They also share the risk of loss if their side loses the case.)

It's reasonable to think that there will be other financiers entering the fray. After all, Great Britain has been testing the waters on this lawsuit funding investment option for several years now (albeit not without controversy).

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Reba Kennedy, Reba Kennedy, Writer | Attorney Advertising

Written by:

more+
less-

Reba Kennedy, Writer on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×