In the News Today – June 6, 2016
- The Growing TPLF Industry: Columnist L. Gordon Crovitz highlights problems with the growing third-party litigation finance industry. Crovitz notes that, “outside investors bankrolled the multibillion-dollar case brought by Ecuadorians against Chevron that resulted in the plaintiff lawyer being convicted of fraud and racketeering.” (Wall Street Journal)
- ACA Allowing Wave of Litigation Against Health Providers: Bryan Rotella of the Rotella Law Group writes that the growth of Accountable Care Organizations (ACOs) under the Affordable Care Act has resulted in a wave of litigation against the ACOs. An ACO is “made up of doctors and sometimes hospitals that join together to form a separate legal entity accountable for the overall care and cost of their patients… Trial lawyers have taken notice of both the lack of lawsuit protections and the fact that doctors and hospitals are learning the ACO model on the fly.” (The Hill)
