As third-party litigation financing arrangements are becoming more widely used in the commercial sphere, and more accepted by law firms, a Pennsylvania appellate court ruling last week raised questions about the involvement of unrelated third parties.

The Pennsylvania Superior Court’s decision involved a specific set of facts and may not have a broad application, legal observers said, but regardless, it is unlikely to curb the growth of the litigation financing industry.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]