Tag Archive: third-party funding

Bill to Reform Class Action Procedure Would Require Disclosure of Litigation Funding Agreements

The United States House of Representatives has just passed legislation that would have a sweeping effect on class action procedure and would mandate disclosure of litigation financing arrangements in class actions cases.  This disclosure would occur at the discovery stage…
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Leading Litigator Recognizes Equalizing Power of Litigation Finance

If you aren’t convinced already about how litigation finance can level the litigation playing field, listen to the founding partner of Bickel and Brewer, a leading New York litigation firm.  In a recent opinion essay in Crain’s New York Business,…
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The Snapchat Whistleblower Case: An Illustration of How Litigation Funding Works for Clients and Law Firms

A recent case against Snap, Inc., owner of the social media app Snapchat, shows how litigation financing can be mutually beneficial to both plaintiffs and law firms.  In particular, the case demonstrates how litigation funding can sustain meritorious cases while…
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The Advantages of Litigation Finance for “Middle-Market” Lawsuits

When people talk about litigation finance, they often talk about the funding provided at the extreme ends of the market.  At one end are the small-scale investments in the claims of individual plaintiffs, often in personal injury cases.  At the…
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Using Litigation Finance to Get and Retain Clients

Every lawyer is familiar with the constant pressure to find new clients and retain old ones.  In many situations, business development and retention opportunities turn not on the client’s willingness to hire the lawyer but, instead, on the client’s financial…
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The Benefits of Litigation Finance in Bankruptcy

Among its principal benefits, litigation financing is an effective means of spreading risk and maintaining liquidity.  Of course, in bankruptcy cases these virtues have particular value.  No wonder then that one observer has noted that litigation funding should be in…
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Litigation Finance, Crowdfunding, and Public Interest Lawsuits

A British venture provides a method for crowd-sourcing litigation funding, which permits individuals to provide funding to support cases they care about.  The company is CrowdJustice, and it offers another illustration of how litigation finance can promote justice.  In addition,…
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Litigation Financing: A View from the Bench

As more courts recognize the legality of litigation funding, and as more litigants discover its benefits, there are fewer questions about its legitimacy.  One sign of this increasing acceptance is the recent association between a former federal judge and a…
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Of Babies and Bathwater in Kentucky

In a poorly reasoned decision arising from a set of unusual facts, a federal district court in Kentucky recently ruled that litigation funding contracts are void under Kentucky law.  This decision depends upon some profoundly misinformed ideas about how litigation…
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