The federal judge overseeing the implementation of the $1 billion concussion-related settlement involving the NFL has barred third-party litigation funders from entering into assignment agreements with retired players.
U.S. District Judge Anita Brody of the Eastern District of Pennsylvania on Friday ruled that settlement language specifically forbids lenders from entering into loan agreements that require ex-players to assign over their monetary claims. The ruling rejected arguments from funders that the language only forbid assigning a claimant’s tort claims, rather than monetary claims.
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