Settlement Funding Regulation – Unexpected Consequences

There has always been a push to regulate settlement funding also known as lawsuit loans or lawsuit funding.  Proponents argue lawsuit loans are too expensive and can take advantage of an unsuspecting public.  Opponents state that lawsuit funding self regulates through basic free market mechanisms. Regulation arguments are not unique to the settlement funding industry. …

What About Lawsuit Funding Regulation?

What Does Lawsuit Funding Regulation Cost? Much has been written  about the efforts of certain “citizens” groups calling for lawsuit funding regulation.  Critics point to “usurious” rates charged to clients who enter into lawsuit funding transactions.  These arguments prey on readers’ sensibilities and serve to support the knee jerk reaction of calling for lawsuit funding…

Lawsuit Loan Regulation – Evaluating Costs?

Critics of lawsuit loans see the industry as preying on an unsuspecting group of desperate plaintiffs. Some even call the business of providing upfront cash to litigants prior to settlement “lawsuit loan sharking”.  These same critics deem the lawsuit funding business a burden on the judicial process and call for lawsuit loan regulation or outright…