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More Money to Fund US Lawsuits? New Investment Opportunities Abound.
December 8, 2009
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One of the few curbs on US lawsuits is the cost as, for all sides, a lawsuit is an expensive proposition. To date, US lawsuits have been limited by the absence of third-party litigation funding companies (as can be found in Australia or the UK). Apparently, that is about to change and a new $200 million dollar litigation fund has been established. Whether this is just the tip of the iceberg is a question that cannot yet be answered.
<a href="http://www.law.com/jsp/pa/PubArticlePA.jsp?id=1202436085724&src=EMC-Email&et=editorial&bu=The%20Legal%20Intelligencer&pt=TLI%20AM%20Legal%20Alert&cn=tli_am_alert_20091207&kw=Litigation%20Funding%20Beginning%20to%20Take%20Off">http://www.law.com/jsp/pa/PubArticlePA.jsp?id=1202436085724&src=EMC-Email&et=editorial&bu=The%20Legal%20Intelligencer&pt=TLI%20AM%20Legal%20Alert&cn=tli_am_alert_20091207&kw=Litigation%20Funding%20Beginning%20to%20Take%20Off</a>