Estimated reading time: 0 minutes, 24 seconds

Litigation Financing Gaining Acceptance in the U.S.

The U.S. legal system is growing increasingly hospitable to investment firms that bankroll high-stakes lawsuits over business disputes in exchange for a cut of the proceeds. So repots The Wall Street Journal.

Opponents of the practice, known as “litigation financing,” argue that it has the potential to encourage frivolous lawsuits, and that—by permitting it—the U.S. legal system runs the risk of allowing litigation financers to become inappropriately influential over decisions.

Read the full article from The Wall Street Journal.

 

Read 4154 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.