Click on the link below for a "60 minutes" segment presenting the pros and cons of this recent attempt to help the "small guy" in corporate legal disputes:
Thursday, July 27, 2023
Litigation Funding: An Answer To Corporate Power?
"Litigation funding involves the agreement of a third party (with no prior connection to the litigation) to finance all or part of the legal costs of certain litigation, in return for a percentage of any damages recovered should the funded litigant be successful."
More investors fund lawsuits, as rules and transparency lag behind
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