The Missing Key To 3rd-Party Litigation Funding

Law360, New York (February 7, 2017, 12:48 PM EST) -- Civil litigation, once a realm confined to rules-based conflict resolution between adverse parties, has become profitable commerce in the United States. Where commerce thrives, investors looking for healthy returns follow. Unlike other forms of commerce and unlike other nations, litigation investment and funding in the U.S. is largely unregulated with few disclosure requirements. Where darkness exists, ignorance and mistrust breed. Disclosure and transparency in litigation investment and funding is the first and proper step to better understand this opaque dynamic in the U.S. civil justice system.

Background on the TPLF Industry

The litigation investment and funding industry's (also known as "third-party...

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