Financing Issue Classes: Benefits and Barriers to Third-Party Funding
15 Pages Posted: 7 Jan 2016 Last revised: 4 Feb 2016
Date Written: February 2016
This essay, written for NYU's symposium on Litigation Funding: The Basics and Beyond, explores the costs and benefits of using third-party financing to fund issue class actions.
Keywords: alternative litigation financing, third party funding, lawsuit lending, Rule 23(c)(4), issue classes, class actions
JEL Classification: K40, K41
Suggested Citation: Suggested Citation