US Chamber Institute for Legal Reform Releases Important Report on Third-Party Litigation Financing

Posted on October 28, 2009 by Russell Jackson

The US Chamber Institute on Legal Reform released an important report on third-party litigation financing in the United States today, which you can download here.  The report was written by my Skadden colleagues John Beisner, Jessica Miller, and Gary Rubin.

The authors conclude that third-party financing not only increases the volume of litigation generally, but also increases litigation of questionable merit.  They suggest that third-party financing should be banned in aggregate litigation becuase it further dilutes the role of the claimants themselves in such cases.  And they detail Austrailia's experience with third-party litigation financing.

Tags:
Trackbacks (0) Links to blogs that reference this article Trackback URL
http://www.consumerclassactionsmasstorts.com/admin/trackback/163671
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.