News & Blog

Defense Counsel: Third Party Funding Inflates Litigation Costs

Mark Behrens, chairman of the International Association of Defense Counsel’s civil justice response committee, told National Law Journal that third party funding can “raise ethical problems” and inflate litigation costs.

According to Behrens, litigation funding encourages longer, costlier litigation. Expensive requests for discovery can be asked for without second thought with the presence of a funder. Only disclosure requirements can help alleviate this problem, as it will allow judges to make decisions on who is paying for what.

Share on facebook
Share on google
Share on twitter
Share on linkedin

More to explore:

Third-Party Funding Threatens Flood of Litigation

Hedge funds and other speculators are eying the EU market hungrily as it loosens rules for lawsuits brought on behalf of thousands or even millions of people, says Institute for Legal Reform Senior Vice President Scévole de Cazotte in the latest issue of AmCham Croatia’s magazine.




This website uses cookies to ensure you get the best experience on our website. ​Read More