
Quarterly Focus: Third-party funding faces its critics
Andrew Mizner
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As it has grown into a multi-billion-dollar business in the US, calls for the regulation of third-party funding have grown louder. But funders insist their progress cannot be stopped.
Third-party funding is big business. Advisory firm Westfleet Advisors has estimated that USD 15.2 billion in assets were allocated by funders to US commercial litigation in 2023, a year in which the market actually contracted, while the Government Accounting Office estimated that new financing agreements were wo
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Andrew Mizner
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Avenue 33 Burford Capital Certum Group health care Healthcare IP litigation Litigation Litigation Funding Quarterly Focus Schulte Roth & Zabel Third-Party Finance Third-party funding United States US Chamber of Commerce USA
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