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Litigation funding companies provide upfront cash to help plaintiffs pursue meritorious lawsuits. In exchange, the companies receive a minority interest in any judgment or settlement. But the concept disturbs legal ethicists, business groups and attorneys in both the plaintiff and defense camps, who ask: Does financing litigation just mean more litigation? Should companies not be buying into legal settlements at all?
July 21, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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