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News
November 18, 2014

In The News Today – November 18, 2014

The South Carolina Department of Consumer Affairs has ruled that “entities that fund litigation in exchange for a piece of any recovery (i.e., third-party litigation financers, lawsuit lenders and litigation funders) are providing loans” and must comply with state law governing loans. This is counter to claims by lawsuit lenders that they are providing “non-recourse funding,” as opposed to actual loans. (Legal Newsline)

Interline Brands Inc. has agreed to pay $40 million to settle a TCPA class action stemming from the company’s alleged “faxing of at least 1,500” unsolicited advertisements. The plaintiffs’ attorneys are seeking “no more than $12 million.” (Law360)

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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