In the News Today – June 3, 2016
- Litigation funding a ‘Shadow’ Industry that Needs Oversight, says Law Professor: “Litigation funding is a shadow industry,” said professor Maya Steinitz of the University of Iowa, College of Law. “So there’s no data on how widespread any practice is, and (it) speaks of the need to have some kind of regulatory oversight over litigation finance.” (Northern California Record)
- BP Still ‘Dogged by Dubious’ Oil Spill Claims: “For the 2010 Deepwater Horizon disaster, penance still isn’t cheap: Try $12 million for land not touched by a drop of oil. That’s what trial lawyers demanded from BP as compensation for a coastal tract that needs no remediation from the oil spill.” (Legal Newsline)
