Supreme Court Justice Shirley Werner Kornreich has refused to dismiss a litigation financing company's suit against a California law firm that defaulted on a credit agreement, rejecting the firm's claim that the arrangement amounted to illegal fee-sharing.
August 21, 2015 at 10:00 AM
1 minute read
A Manhattan judge has refused to dismiss a litigation financing company’s suit against a California law firm that defaulted on a credit agreement, rejecting the firm’s claim that the arrangement amounted to illegal fee-sharing.
Supreme Court Justice Shirley Werner Kornreich on Tuesday found that public policy supports the kind of litigation financing agreement at issue in the case.
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