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Toward A Regulatory Framework For Third-Party Funding Of Litigation, Keith N. Hylton
Toward A Regulatory Framework For Third-Party Funding Of Litigation, Keith N. Hylton
Faculty Scholarship
Because third-party funding and sales of legal rights are equivalent in terms of their economics, I examine arrangements in which third-party sales of legal rights are permitted today; those arrangements include waiver, subrogation, and settlement agreements. These existing arrangements provide valuable lessons for the appropriate regulatory approach to third-party financing of litigation.