The $35 billion shadow over America’s courtrooms

Source: Washington Examiner · Bias: Center Right

Summary

Imagine a small-town business owner facing a meritless lawsuit that could bankrupt three generations of family enterprise. His lawyers advise settling because the plaintiff’s backers have unlimited capital and a proven strategy of bleeding defendants dry through endless discovery. Here’s the twist: those backers never appear in court. Their names aren’t on any filing. What even the judge doesn’t know is that anonymous Wall Street investors are calling […]

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The $35 billion shadow over America’s courtrooms
Washington Examiner

The $35 billion shadow over America’s courtrooms

Center Right

Imagine a small-town business owner facing a meritless lawsuit that could bankrupt three generations of family enterprise. His lawyers advise settling because the plaintiff’s backers have unlimited capital and a proven strategy of bleeding defendants dry through endless discovery. Here’s the twist: those backers never appear in court. Their names aren’t on any filing. What even the judge doesn’t know is that anonymous Wall Street investors are calling […]