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Bloomberg Law: Litigation Finance in Corporate Bankruptcy
Litigation can be essential to corporate restructurings or liquidation proceedings. Litigation finance provides an alternative way for debtors, trustees, creditors and creditors’ committees to finance their claims.
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Funding May Be a Lifeline for Businesses and Law Firms Distressed by Coronavirus Shutdown
Litigation finance has always billed itself as a way of helping meritorious claims regardless of the economic strength of the litigant. The coronavirus pandemic is now exerting enormous and growing stress on law firms and clients. If ever there was a moment for litigation finance to live up to its own hype, this is it.
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Another Federal Court Decision Finds Funding Documents Irrelevant to Case Merits
A recent decision by a federal district court in Nevada highlights that courts increasingly recognize that discovery requests that probe a plaintiff’s funding are irrelevant.
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