Litigation funding by private corporations other than law firms or individuals who are not lawyers is generally prohibited here in the US, but the concept is catching on overseas, especially in jurisdictions that have a “loser pays” rule for allocating fees and costs. This recent entry from The D&O Diary summarizes an article predicting that the ability to assign of [...]
Archive for September 1st, 2008
Private Litigation Funding Catching on in Loser Pays Jurisdictions
Posted in Class Action Trends, International Class Action Law, Other class action blogs, Securities Class Actions, tagged attorneys fees, australian class action, award of costs, award of fees, International Class Action Law, litigation funding, loser pays, securities class action, UK collective action on September 1, 2008 | 3 Comments »
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