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Law Practice

Aug. 20, 2016

Judge orders litigation finance contract discoverable

A federal judge wants proof that 12,500 Nigerian plaintiffs really do have a benefactor willing to wire hundreds of millions of British pounds sterling to cover their lawsuit.

By America Hernandez
Daily Journal Staff Writer

A federal judge wants proof that 12,500 Nigerian plaintiffs really do have a benefactor willing to wire hundreds of millions of British pounds sterling to cover their lawsuit.

An order this week mandating discovery of a trial funding agreement in a proposed class action caught the attention of litigation financiers, whose contract terms are confidential industry-wide.

Precedent so fa...

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