What changes may the Coronavirus crisis make in litigation financing?
In their April 28, 2020 article, “How COVID-19 Will Shape Litigation Funding: The Short-Term Effects,” Matthew Oxman and Allen Yancy correctly observe that the coronavirus crisis, and the attendant increase in bankruptcy filings that it will undoubtedly bring about, will encourage companies engaged in litigation finance to focus on the creditworthiness of both the plaintiff that has received funding from the company and that plaintiff’s defendant in the lawsuit that is being financed.
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