When the U.S. District Court for the Northern District of California became the first federal court in the nation to set down transparency requirements…
February 15, 2017 at 06:41 PM
1 minute read
The original version of this story was published on Law.Com
When the U.S. District Court for the Northern District of California became the first federal court in the nation to set down transparency requirements for litigation funding, it focused on a particular segment of the industry: class actions. The major funders such as Burford Capital and Bentham IMF reacted with a shrug, saying that class actions are a small or nonexistent part of their business.
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