In the United Kingdom, with the unregulated nature of commercial lending, many legal scholars are wondering how the trajectory of litigation investment will unfold. Whatever the case may be, most are certain that given the growing popularity of litigation finance products and services, regulations are not far behind.
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
In the United Kingdom, with the unregulated nature of commercial lending, many legal scholars are wondering how the trajectory of litigation investment will unfold. Whatever the case may be, most are certain that given the growing popularity of litigation finance products and services, regulations are not far behind.
According to new insights from Sentry Funding, banishing litigation finance misconduct will require official rules and regulations. Sentry underscores that the United Kingdom is home to more litigation finance houses than any other county in the world. And, over the last two years, the number of United Kingdom litigation finance firms has doubled.
Per cross-jurisdictional developments in litigation finance, Sentry says global counter-parties are still embryonic in development. The same can be said with global industry regulation, according to Sentry.
The details of litigation investment regulation are still a hot topic. Click here to read more about Sentry’s litigation finance discussion.
