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News
July 5, 2016

In the News Today – July 5, 2016

  • The Dangers of Third Party Litigation Funding: Bryan Quigley is quoted in the LA Business Journal discussing the numerous issues associated with third party litigation funding, which include lack of disclosure and the potential to fuel an increase in litigation both within the US and around the world. “These companies are not just investing in cases that they view as legitimate in the eyes of the law,” said Quigley. They are “looking at what the odds of a payout are.” (LA Business Journal)
  • Class Actions ‘Serve the Interests of Plaintiffs Lawyers’: “The modern class action lawsuit has come under increasing criticism for serving the interests of plaintiffs lawyers and, to an increasing degree, defendants at the expense of the claimants it purports to serve,” writes The Street. The article references a study conducted by Mayer Brown which found that, among other things, “the vast majority of cases [produce] no benefits to most members of the putative class.” (The Street)
Delaware General Assembly Blog Delaware Wants to Take a Closer Look at the TPLF Industry   Third Party Litigation Funding (TPLF) Blog European Parliament Legal Affairs Committee Adopts TPLF Legislative Initiative Report International Initiatives, Third Party Litigation Funding (TPLF) Welcome to Delaware Sign Blog Another Federal Court Now Requires Disclosure of Third Party Litigation Funding Third Party Litigation Funding (TPLF) litigation funders, beach scene Blog Sun, Sea, but no Sand(box) for Florida Lawsuit Investors Lawsuit Lending, Third Party Litigation Funding (TPLF) Blog Third Party Litigation Funding: Buying Trouble Across the Globe International Initiatives, Third Party Litigation Funding (TPLF)

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