Litigation Finance Insights | May 30, 2019
The NYC Bar Should Recognize Litigation Funding’s Positive Effect On Our Legal System
Validity submits a letter to the NYC Working Group on Litigation Funding. We recommend the Working Group should make clear that litigation funding is fully consistent with lawyers’ duties, and indeed is an integral tool that lawyers should familiarize themselves with to best serve their clients’ legal needs.
Litigation Finance Insights | April 30, 2019
Another Federal Court Declines to Permit Discovery of a Litigation Financing Agreement
For complex litigation, discovery costs can run between $600,000 to nearly $2.5 million per case. In Benitez v. Lopez, the U.S. District Court for the Eastern District of New York is the most recent court to rebuff efforts to discover financing terms.