Posts Tagged ‘litigation funding’
The Rise of Third-Party Funding: A Worldwide Look
In recent times, significant developments in Nigeria, India, and China underscore the growing prominence of third-party funding (aka litigation funding). These developments mark a significant shift in how litigation funding is gaining worldwide prominence and becoming a dynamic asset class, worth exploring. Claimants worldwide are increasingly turning to third-party funding (TPF) to finance their legal…
Read MoreLitigation Funding Provides Access to Justice
Litigation funding, also known as third-party funding, provides claimants with a way to pursue validlegal claims without bearing the financial burdens and risks associated with litigation- in other wordsit gives people greater access to justice. Originally, litigation funding was a costly option mainly feasible for large-scale cases. However, themarket for it has evolved, becoming more…
Read MoreLitigation Funding- What Is It?
Litigation funding or financing, also referred to as third-party funding, is a financial arrangement in which a third party (the funder) supplies capital to a party involved in a legal dispute, typically the claimant. In return, the funder receives a share of the eventual amount recovered in the legal proceedings. This form of financing is…
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