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California Neutrals

Oct. 30, 2014

Should litigation finance companies be party to mediations?

By Ben Adlin

Litigation isn't cheap but payoffs can be massive. Smelling a business opportunity, investors in recent years have bought stakes in lawsuits helping to shoulder expenses in exchange for a cut of potential winnings.
The field, known as litigation finance, is still relatively obscure in the U.S. - but it's growing. Banks with litigation finance arms in Europe and Australia have expanded into American markets and bankrolled a broad range of individual-pl...

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