Litigation funders respond to US calls for increased regulation
Edward Machin
,
But it was going so well for UK third-party funding: a voluntary Code of Conduct, the Magna Carta of litigation funding.”
Heartening as they may have been, such platitudes have not stopped the industry coming under attack from the Chamber Institute for Legal Reform (ILR), a Washington, DC-headquartered advocacy group affiliated with the US Chamber of Commerce, which recently issued a vicious rebuke of the nascent Code while further claiming that litigation funding “should be discouraged in
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Edward Machin
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Australia Jackson Review Reports & Surveys Third-Party Finance Third-party funding United Kingdom USA
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