Monday, June 13, 2011

Litigation finance contracts explained: Forbes.com

Litigation-Finance Contract Reveals How Investors Back Lawsuits - Daniel Fisher - Full Disclosure - Forbes: "A contract between Ecuadorean villagers suing Chevron and a London firm that finances corporate litigation offers a detailed look at a growing phenomenon in the law: Investing in lawsuits. The contract with a Cayman Islands arm of Burford Group shows the conflicts that can riddle such arrangements, and have led some states, like Nevada, to ban them outright."

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