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August 15, 2013

TPLF Raises Ethical Concerns in UK

“Litigation funding represents the first step towards the UK legal system adopting the worst excesses of the US litigation culture,” warns ILR president Lisa Rickard in the Global Legal Post.  Third-party litigation funding operates without transparency, presenting the potential for significant abuses and conflicts of interest within the UK legal system:

Until we have appropriate statutory regulation, litigation funding will drive an increase in litigation in the UK, not all of which will be meritorious. This risks significant harm to British businesses, and an environment in which litigation costs are increasing will discourage inward investment and cost the UK economy jobs.

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) Image of the UK Supreme Court Blog An Update on the Current UK Litigation Landscape: Podcast Review International Initiatives Blog American and European Business Groups Release Joint Statement in Support of EU TPLF Regulation  International Initiatives Welcome to Delaware Sign Blog Another Federal Court Now Requires Disclosure of Third Party Litigation Funding Third Party Litigation Funding (TPLF)

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