Analyzing the Fundamentals of Litigation Funding

, New York Law Journal


Emily Madoff, a member of Wolf Popper, writes about the gaining traction of Third-Party Litigation Funding (TPLF). Such funding is repaid by a litigant borrower only in the event there is a favorable resolution upon completion of the litigation. While allowing plaintiffs access to justice and affording defendants an opportunity to hedge defense costs, a specter of legal and ethical issues is raised by TPLF.

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