Third Party Litigation Funding in Europe

Cento Veljanovski

Case Associates; Institute of Economic Affairs; Centre for Regulation and Market Analysis (CRMA)

December 9, 2011

Journal of Law, Economics and Policy, Vol. 8, 2012

Based on interviews of all UK based third party litigation funders the paper provides new empirical evidence on the nature, extent and type of third party funding of litigation. It also examines the emergence of new group or class action third party funders in Europe focused primarily on follow-on cartel damage claims. The discussion is then expanded to the broader issues such as the justification for third party funding, its impact and a critical assessment of the arguments against such funding.

Number of Pages in PDF File: 46

Keywords: litigation, legal costs, third party funding, class actions, legal access, legal insurance, cartel damages

JEL Classification: K13, K40, K41, G22, G24, L12

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Date posted: December 14, 2011 ; Last revised: November 6, 2012

Suggested Citation

Veljanovski, Cento, Third Party Litigation Funding in Europe (December 9, 2011). Journal of Law, Economics and Policy, Vol. 8, 2012. Available at SSRN: http://ssrn.com/abstract=1971502

Contact Information

Cento Veljanovski (Contact Author)
Case Associates ( email )
1 Heddon Street
London, W1B 4BD
United Kingdom
+44 (0)20 73764418 (Phone)
HOME PAGE: http://www.casecon.com
Institute of Economic Affairs
2 Lord North Street, Westminster
London, SW1P 3LB
United Kingdom
Centre for Regulation and Market Analysis (CRMA)
Adelaide, South Australia 5001
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