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The business of litigation finance, which appears to be tolerated in most jurisdictions, took a beating in two courtrooms in the last year. In June, the Ohio Supreme Court resuscitated a common law doctrine to outlaw the offering of cash payments to plaintiffs in exchange for a piece of their verdict or settlement. And a federal court in North Carolina awarded over $500,000 to a law firm that claimed litigation financiers interfered with the attorney-client relationship.
August 04, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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