Third Party Litigation Funding (TPLF)

Third party litigation funding (TPLF) allows hedge funds and other financiers to invest in lawsuits in exchange for a percentage of any settlement or judgment. The practice started in Australia, expanded to Europe and the U.S., and is now spreading elsewhere. Without disclosure requirements and other commonsense safeguards, these funders may take over litigation and fuel unmeritorious lawsuits.

Litigation Funders Join Together To Form Global Advocacy Group

The twelve leading litigation finance firms have set up the International Legal Finance Association (ILFA) according to a report on

ILR Briefly: TPLF in False Claims Act Cases
ILR Briefly: Third Party Litigation Funding in Qui Tam False Claims Act Cases
ILR Research Review Volume 7 Issue 1
ILR Briefly COVID-19 Series: Liability Overview
Selling More Lawsuits, Buying More Trouble: Third Party Litigation Funding A Decade Later
2019 Winter | ILR Research Review | Volume 6, Issue 3
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