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 Law.com.

Feature
Research
ILR Briefly: Third Party Litigation Funding in Qui Tam False Claims Act
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

Get Updates on Legal Reform Delivered Straight to Your Email

To sign up to receive our email with updates on Legal Reform, fill in the following fields. When you hit submit, you consent to our processing of the personal data you provide us with. Thanks and welcome.

Before submitting your personal data, please take a look at our Privacy Notice: General Privacy Notice or EU Privacy Notice. You can also contact us at privacy@uschamber.com.

  • This field is for validation purposes and should be left unchanged.
We use cookies to make your experience better:
View Our Privacy Policy