August 16, 2019

In the News Today – August 16, 2019

Lawsuit Lender Faces Lawsuit After Charging “Over 100 Percent” Annual Interest Rate: Attorney Tammy Tran, a client of lawsuit lender Spark Funding, is suing the company for declaratory relief and damages, alleging the lender charged her interest under without fully disclosing the amount of that interest. Attorneys like Tammy Tran as well as plaintiffs in litigation sometimes seek out lawsuit lenders to sustain their expenses in the course of a lawsuit. These lenders often charge sky-high interest rates for their services, and Tran alleges that in this case, Spark Funding was charging her “hidden exorbitant interest at over 100 percent per year.” (Southeast Texas Record)

News ICYMI: Australian Government Says Greater Oversight Of Litigation Funding Industry Needed International Initiatives News In The News Today- January 6, 2021 Class Action Litigation, Data Privacy Letters, Comments, Petitions Letter Urges Georgia Bar To Reject Proposed Ethics Rules Changes Other Issues News In The News Today- January 5, 2021 International Initiatives News Lawsuit Complains Hawaiian Rolls Aren't Made In Hawaii Class Action Litigation
We Use Cookies to Make your Experience Better

What do we use cookies for?

We use cookies and similar technologies to recognize your repeat visits and preferences, as well as to measure the effectiveness of campaigns and analyze traffic. To learn more about cookies, including how to disable them, view our Cookie Policy. By clicking "I Accept" or "X" on this banner, or using our site, you consent to the use of cookies unless you have disabled them.