DePaul University College of Law
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.
Keith N. Hylton,
Toward a Regulatory Framework for Third-Party Funding of Litigation
DePaul Law Review
Available at: https://scholarship.law.bu.edu/faculty_scholarship/183
Working paper version of article available on SSRN