Big Business Lobby Tries To Hobble Litigation Finance, Again
Law360, New York (June 6, 2017, 8:01 PM EDT) -- The U.S. Chamber of Commerce, and its affiliated Institute for Legal Reform, tout the lofty goals of promoting a free market approach to innovation and growth, being committed to small businesses, and fighting for the belief that “[e]very American who has been legitimately wronged deserves his or her day in court.” Yet their repeated attempts to thwart the litigation finance industry run directly contrary to these positions. Instead, the Chamber is promulgating regulation designed to hamper and constrain litigation finance, a free market solution to the high financial barriers to our justice system.
In its most recent petition advocating mandatory disclosure...
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