Despite third-party litigation funding's explosive growth, corporate restructuring/insolvency practitioners in the U.S. are not yet frequent participants in such arrangements. Yet for these professionals, litigation funding could be especially beneficial to provide a new source of capital for otherwise asset-starved estates.
Third-Party Litigation Funding
<b><i>A New Option for Resource-Strapped Bankruptcy Estates</i></b><p>Despite third-party litigation funding's explosive growth, corporate restructuring/insolvency practitioners in the U.S. are not yet frequent participants in such arrangements. Yet litigation funding could be especially beneficial to provide a new source of capital for otherwise asset-starved estates.
By
Jonathan Friedland and Elizabeth Vandesteeg
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