Abstract

http://ssrn.com/abstract=2441237
 


 



Alternative Litigation Finance and the Attorney-Client Privilege


Grace M. Giesel


University of Louisville - Louis D. Brandeis School of Law

May 23, 2014

Denver University Law Review, Vol. 92, No. 1, 2015

Abstract:     
The United States legal system has a new player: the alternative litigation finance (ALF) entity. Funding of litigation by an entity that is not a party to the litigation has long existed in the United States in the form of attorney funding through contingent fees and insurer funding through the typical liability insurance contract. In situations in which those two avenues of third-party funding has not been available, parties, large and small, sophisticated and not, often have struggled to fund their own litigation. Today such parties have an additional option: ALF. ALF refers to funding of litigation “by entities other than the parties themselves, their counsel, or other entities with a preexisting contractual relationship with one of the parties.” ALF entities have no interest or involvement in the matter before providing funding but provide funding for the litigation and reap a return if the funded party is successful.

Number of Pages in PDF File: 65

Keywords: alternative litigation finance, ALF, attorney-client privilege, joint clients, common interest

JEL Classification: K12

Accepted Paper Series





Download This Paper

Date posted: May 25, 2014  

Suggested Citation

Giesel, Grace M., Alternative Litigation Finance and the Attorney-Client Privilege (May 23, 2014). Denver University Law Review, Vol. 92, No. 1, 2015. Available at SSRN: http://ssrn.com/abstract=2441237

Contact Information

Grace M. Giesel (Contact Author)
University of Louisville - Louis D. Brandeis School of Law ( email )
Wilson W. Wyatt Hall
Louisville, KY 40292
United States
Feedback to SSRN


Paper statistics
Abstract Views: 221
Downloads: 66
Download Rank: 210,022

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo1 in 0.344 seconds