The third-party litigation funding market is a step closer to regulation with the Civil Justice Council (CJC) set to hold a meeting on the issue next year. The meeting, which is due to be held in February, will cover options for regulating the emerging market, which has seen a number of funders launch in the UK in recent times, including IM Litigation Funding and, more recently, Allianz and hedge fund MKM Longboat.
December 20, 2007 at 06:20 AM
1 minute read
The original version of this story was published on Legalweek
The third-party litigation funding market is a step closer to regulation with the Civil Justice Council (CJC) set to hold a meeting on the issue next year.
The meeting, which is due to be held in February, will cover options for regulating the emerging market, which has seen a number of funders launch in the UK in recent times, including IM Litigation Funding and, more recently, Allianz and hedge fund MKM Longboat.
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