AUSTIN, Texas (Legal Newsline) - The broadest study yet of consumer litigation finance – money forwarded to lawsuit plaintiffs in anticipation of a victory in court or a legal settlement – found a “very complicated and circuitous” system in which some borrowers appear to subsidize others and the median interest rate exceeds 40%.
NYU Law sending free help to 10 Dem AGs for environmental causes; Marcellus Shale group 'alarmed' at message
NEW YORK – Democratic state attorneys general, like Pennsylvania's Josh Shapiro, are getting free help from New York University School of Law to bolster their environmental causes, though a Commonwealth business advocacy group worries this results in important work being outsourced to an out-of-state entity.
CLEVELAND (Legal Newsline) - The judge overseeing multidistrict litigation against opioid manufacturers and distributors has named the teams of lawyers who will try to negotiate a settlement of hundreds of federal lawsuits - a complex task given parallel investigations and litigation by state attorneys general and potentially conflicting goals of private attorneys and their government counterparts.
NEW YORK (Legal Newsline) – Companies that fund lawsuits can find themselves in the crosshairs of state regulators, and a recent New York Post article revealed that one such business has given tens of thousands of dollars to one of the nation’s most important public officials – who happens to have sued a competing company.