Companies that finance U.S. commercial lawsuits in exchange for a cut of any recoveries upped their investments last year, committing $3.2 billion, according to a new report. That represents a 16% increase in capital committed to new U.S. litigation funding …
Financiers are helping to fuel a rise in US-style class-action lawsuits in the UK courts, lured by the promise of big payouts. The British litigation finance industry — which pays legal fees upfront and shares in any eventual payout — …
The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required to hold an Australian …