The Post Office scandal has dominated the headlines in UK media over recent months, highlighting the vast scale of the injustice suffered by the sub-postmasters, and the role that third-party…
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third party funding
Triple-I: Plaintiffs Should Disclose Third-Party Funding Arrangements
by John Freund
written by John Freund
Ohio’s defendants should know whether a third-party litigation funding firm is financing a lawsuit against them, the Insurance Information Institute’s (Triple-I) chief insurance officer, Dale Porfilio said, in testimony today before the state Senate’s Judiciary Committee.
Apple Lawsuit Raises Familiar Issues Around Third-Party Funding
by John Freund
written by John Freund
Proposed Reforms to PTAB Include Third-Party Funding Disclosure
by John Freund
written by John Freund
Former House Committee Chair Argues Third-Party Funding Threatens U.S. Industry and Security
by John Freund
written by John Freund
Funding for Patent Disputes Remains Attractive Despite Criticism Around Disclosure
by John Freund
written by John Freund
Court of Appeal Raises Concerns With Incentives For Third-Party Funding
by John Freund
written by John Freund
New Book Titled “Third Party Funding of Dispute Resolution” Explores LitFin in India
by John Freund
written by John Freund
Complaints against third-party litigation funding tend to focus on a few oft-repeated points. Increased litigation, class actions in particular, ostensibly cause insurance rates to rise. Funders aren’t always required to disclose their funding agreements, ostensibly hiding a potential conflict of interest. Finally, funders are blamed for a supposed increase in frivolous actions—even though no funder wants to take on a case without merit.
Do both sides of a case need to know when third parties have an interest in the outcome of their case? David Levitt of Hinshaw & Culbertson says yes. He has proposed changing the rules in the District of New Jersey to require plaintiffs and defendants alike to disclose information about TPLF agreements.
Investments made by Arkansas’s Teacher Retirement Systems increased by a staggering $783 million. This ranks the fund in the top 5% of public pension funds in America. This comes after last year’s investments fell to only $15.1 billion as of the beginning of COVID shutdowns.
South African Third Party Funding is Still Largely Unregulated. What’s Next?
by John Freund
written by John Freund
Compared to the rest of the continent, South African laws regarding third party litigation funding are advanced. Compared to the rest of the developed world, however, the country is lagging behind. Legislation is minimal, and court decisions are decided on the basis of precedent rather than law. Could that be changing?
A recent Medicare False Claims Act suit involving an outside funding agreement has caught the attention of the legal community. Specifically, the case calls into question the FCA’s current public disclosure provisions, and the authority of the government to dismiss FCA actions.
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