Disclosure Rules, Ethics Hang Over Legal Funding Conference
By Sam Reisman (September 17, 2018, 7:29 PM EDT) -- A panel of litigation finance experts pushed back Monday against a recent bar opinion that portfolio funding could be unethical and told representatives from the burgeoning industry that they should prepare themselves for some form of enhanced disclosure requirements.
The tone at the first day of the inaugural Litigation Finance Dealmakers Forum in Manhattan was sanguine, despite the recent opinion issued by the New York City bar that there was a possible Rule 5.4 violation of the New York state rules of professional conduct in the growing practice of investing in a portfolio of law firm matters, as well as multiple potential changes to rules regarding...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!