"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."
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:
More investors fund lawsuits, as rules and transparency lag behind
No comments:
Post a Comment