Category Archives: Legal / Regulatory

Litigation finance primer: Part 7

Litigation Finance Primer

Editor’s Note: This article is the next in a series that forms a litigation finance primer for parties new to the space. For the first article in the series, click here. Litigation is an inherently risky and generally expensive process. The level of risk involved implies that  third-parties investing capital into a lawsuit must demand…

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Champerty Still Alive in New York State

The New York Court of Appeals has breathed new life into Champerty, after expressly stating that the once-dormant doctrine retains vitality in New York….

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Iowa Lawmakers Push Bill To Hinder Medical Malpractice Suits

Business Lawsuits

The Iowa Senate granted final approval to a tort reform bill designed to discourage medical malpractice suits only one week after House lawmakers agreed to remove the $250,000 “hard cap” on noneconomic damages….

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CBO says Tort Reform Bill Could Save $50B Over Next 10 years

Litigation Finance News

The Congressional Budget Office has announced that a federal Tort Reform Bill currently being weighed in the House of Representatives could save the U.S. economy an estimated $50B over the next 10 years….

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Missouri Set To Become 13th State to Pass Asbestos Transparency Rule

Missouri is poised to become the latest state with a law requiring plaintiffs in asbestos lawsuits to fully disclose claims they may have filed with asbestos trusts….

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Missouri Tort Reform Bill Narrows Medical Action Claims

A Missouri tort reform bill looks likely to go into effect. The bill would narrow the definition of an employee, and potentially help to clarify damage claims in litigation in the future….

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Major Test Brewing for Third Party IP Litigation

Document Security Systems is suing for alleged infringement of LED-related patents acquired from Intellectual Discovery.The suit is in the Eastern District of Texas and represents a test of third party IP funding….

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