Litigation Finance Can And Should Protect Its Reputation

Law360 (August 21, 2019, 4:56 PM EDT) -- When the Enron scandal broke, no one thought to blame the natural gas industry for it. And when Elon Musk’s colorful tweets run afoul of the U.S. Securities and Exchange Commission, no one attributes that to the practice of making electric cars. In other words, just because some corporate behavior in the capital markets comes under scrutiny — rightly or wrongly — doesn’t mean that company’s products or services are poor, let alone those of an entire industry sector.

These facts are obvious. And yet, for those of us in litigation finance — the increasingly popular practice in which third parties...

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