Flush with capital and in search of their next big payout, foreign litigation funders are exploring new opportunities to invest in litigation and arbitration in Latin America.
wyers for truck manufacturers accused of colluding on prices appeared in Dutch court this week to fend off damages claims, warning that the Netherlands is in danger of becoming a “claims paradise”, reports Mlex.
“The European Parliament faces a crossroads: should it hand over control of the EU’s lawsuit system to an obscure but enormous industry known as third party litigation funding (TPLF)?”, writes Harold Kim, President of the U.S. Chamber of Commerce Institute for Legal Reform, for the Brussels Morning Newspaper.