By Robert Moskowitz Published: 11 April 2012 What is Pre-Settlement Funding? Pre-Settlement funding or pre-Settlement financing is a method of providing non-recourse cash advances for injured parties to a lawsuit. In return for the money, the parties sign an agreement obligating them to repay the cash advance, but only under certain favorable conditions. The...
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By Kristin Sangren Published: 4 April 2012 The cost of pursuing a legal claim varies widely between law systems, and depends on a number of factors. Different countries and jurisdictions have evolved distinctive practices managing how these costs are determined. Each system is reflective of the region’s cultural and legal history, as well as contemporary...
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By Robert Moskowitz Published: 8 December 2011 In other parts of the world, participants in mass demonstrations for social justice are often met with violent, firearm-laden opposition. Here in the U.S., demonstrators – most notably the “Occupy Wall Street” movement – receive only the occasional pepper spray (so far). As a result, many Americans...
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By Sharon Cullars Published: 24 November 2011 With the advent of newer technologies in the 21st century, there has been an accompanying increase in intellectual property (IP) cases that involve copyright, patent, trade secret and trademark issues. Not surprisingly, just as the number of lawsuits has increased in the last decades, so has the...
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By Haydee Camacho Published: 18 November 2011 While support for third-party litigation finance has grown as an accepted vehicle providing plaintiffs the necessary resources to see their claims through to resolution, the industry has come under fire from critics and the media for potential ethical violations. In June, 2011, the New York City Bar...
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By Robert Moskowitz Published:2 November 2011 The law is a living thing, always changing, and one of the most recent sets of changes to occur has been in the field of legal finance. Whether it’s called a so-called “lawsuit loan,” a cash advance, or legal finance, the practice of providing money for litigants during...
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By Christy Rakoczy Published: 16 September 2011 In the US, justice may be blind, as the old axiom says, but it certainly isn’t free. While a civil law system has been established to allow people who are harmed to seek justice against those who harm them, the US legal system generally does not require...
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By Staci A. Terry Published: 26 August 2011 In the United States, personal injury lawsuits make up a large portion of the civil litigation that occurs in state court systems. Tort claims, or personal injury claims, involve some injury to person and/or property as a result of the wrongful actions of another person or...
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By A. Antonow Published: 19 July 2011 In June 2011, the New York City Bar published a new opinion about third-party non-recourse legal funding. The New York City Bar confirmed that it is not unethical for attorneys to work with clients receiving third party lawsuit financing. In fact, the ethics opinion refers to legal...
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By The Legal Finance Journal Published: 25 May 2011 The Maximizing Opportunities in Litigation Funding conference will be held in London on 25 May 2011. Industry experts scheduled to appear at the conference include Selvyn Seidel and Lord Justice Jackson, who completed a report about UK litigation funding in January 2011. Sessions at the...
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