A Friend at Court?
A growing number of companies want to bankroll your lawsuit.
A shadowy multibillion-dollar industry has grown roots in the American justice system: third-party litigation funding, or TPLF, which allows financiers to invest in lawsuits by covering participants’ legal fees in exchange for a hefty portion of a potential payout. Most of these investments are made in either consumer lawsuits (primarily personal injury) or large-scale commercial […]