Litigation Funding Could Tip Scales In Engle Tobacco Cases

Law360, Miami (February 14, 2014, 8:57 PM EST) -- As more product liability cases in Florida's so-called Engle litigation come out against Big Tobacco, a leading litigation finance company has decided to throw its weight behind the plaintiffs in what experts say is the latest sign that the scales may be tipping toward eventual settlement.

Executives with California-based LawFinance Group, a pioneer in litigation financing with 20 years of experience, said several recent decisions from the Florida Supreme Court and the U.S. Supreme Court had played a role in their determination that the timing was right to enter the Engle field by putting together a portfolio of available financing first...

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