Time to end the rigged game of third-party litigation funding

Source: Washington Examiner · Bias: Center Right

Summary

It’s well known that frivolous lawsuits cost billions of dollars each year, but few people know about a shadowy subset of financiers — sometimes overseas — who are intensifying the problems in America’s legal system. A loophole in today’s tax code effectively allows third parties to rake in money from lawsuits with little to no tax […]

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Time to end the rigged game of third-party litigation funding
Washington Examiner

Time to end the rigged game of third-party litigation funding

Center Right

It’s well known that frivolous lawsuits cost billions of dollars each year, but few people know about a shadowy subset of financiers — sometimes overseas — who are intensifying the problems in America’s legal system. A loophole in today’s tax code effectively allows third parties to rake in money from lawsuits with little to no tax […]

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