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:
Human knowledge has progressed exponentially since the dawn of modern science. It is no longer reasonable to accept claims without sufficient objective evidence. The harm from religion, alternatives to medicine, conservatism, and all other false beliefs will be exposed on this blog by reporting the findings of science. This blog will also reinforce what should be the basics of education: History, Civics, Financial Literacy, Media Literacy, and Critical/Science Based Thinking.
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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