Theoretical inquiries in law: Third-Party litigation funding: Panacea or more problems?

Silver, Charles; Hyman, David A.

Third-Party litigation funding: Panacea or more problems? / Silver, Charles (Rights reserved)

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fullscreen: Third-Party litigation funding: Panacea or more problems? / Silver, Charles (Rights reserved)

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Eingeschränkter Zugang mit Nutzungsbeschränkungen: Das Dokument ist in den Räumen der Zentral- und Landesbibliothek mit dem "Virtuellen Lesesaal der Landesbibliothek" auf allen Internet-Arbeitsplätzen zugreifbar, darf jedoch nicht kopiert, versendet oder in einem Umfang von mehr als 10% ausgedruckt werden. Weitere Informationen.

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Title:: Theoretical inquiries in law

Publication:: Tel Aviv: The Cegla center for interdisciplinary research of the law

Note:: Gesehen am 06.05.2022; C!URL-Ä(06-02-12)

Scope:: Online-Ressource

ISSN:: 1565-3404

ZDB-ID:: 2113354-2

VÖBB-Katalog:: 35425758

Keywords:: Zeitschrift

Classification:: Recht

Collection:: Recht

Copyright:: Rights reserved

Accessibility:: Eingeschränkter Zugang mit Nutzungsbeschränkungen

Article

Author:: Silver, Charles; Hyman, David A.

Title:: Third-Party litigation funding: Panacea or more problems?

Publication:: Tel Aviv: The Cegla center for interdisciplinary research of the law, 2025

Language:: English

Information:: Abstract: Third-party litigation funding (“TPLF”) is controversial. To its detractors, TPLF creates serious ethical and national security risks, and results in defendants paying out large “blackmail settlements” based on marginal (if not wholly frivolous) claims. To its supporters, TPLF helps ensure access to justice by putting plaintiffs and their lawyers on a more equal footing with well-resourced defendants, and the willingness of sophisticated third parties to invest their own money is an unambiguous signal that a plaintiff’s case has merit. Our Article makes three contributions: we begin by identifying the similarities in political economy of the campaign against TPLF to the campaigns waged in favor of tort reform. Second, we evaluate the substantive merits of certain arguments against TPLF, treating the rules of professional responsibility as instrumental, rather than ends in themselves. Finally, we explore the importance of agency costs in the market for TPLF. We conclude with some recommendations on how to regulate TPLF.

Scope:: Online-Ressource

Note:: Kein Open Access; Archivierung/Langzeitarchivierung gewährleistet

Classification:: Recht; Sonstiges

URN:: urn:nbn:de:101:1-2507220603177.874779293721

Collection:: Recht; Sonstiges

Copyright:: Rights reserved

Accessibility:: Eingeschränkter Zugang mit Nutzungsbeschränkungen

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