Litigation Finance Helps Small Companies Litigate Big Cases
As the litigation finance industry continues to grow, defendants are increasingly requesting discovery into funding arrangements as a matter of course. A recent decision out of the U.S. District Court for the District of New Jersey confirms, however, that such arrangements are generally not discoverable.
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Federal Valsartan Judge Latest to Confirm Litigation Funding Not Discoverable
Magistrate Judge Joel Schneider on Sept. 18 denied a products liability MDL defendant’s request to discover whether the plaintiffs had litigation funding, the details of any such funding arrangements, and communications concerning the financing.
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Legal Finance for Asset Recovery
Litigating to a final judgment is often only the first phase of a complex commercial dispute. Enforcing that judgment comes next. Litigation finance can be an important tool to enforce a judgment and litigation funders with experience in complex asset recovery can help.
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