In a unanimous decision, the Minnesota Supreme Court abolished Minnesota’s common-law prohibition against champerty and maintenance, opening Minnesota to third-party litigation financing. Maslowski v. Prospect Funding...more
Third-party litigation financing is a topic of increasing interest. The practice has become more common, and federal courts as well as the U.S. Patent Trial and Appeal Board are responding to ensure that the real parties in...more
Last month, this blog provided an overview of litigation funding, and identified a number of issues which we planned to cover over the next several months. This month’s installment focuses on the legality of litigation...more