PHILADELPHIA – A ruling from a federal judge in Pennsylvania remains pending on whether or not compulsory arbitration will be permanently prohibited, in the case of a litigation funder that pursued financial recovery against a former National Football League player who allegedly failed to repay it a loan.
NFL alleges widespread fraud by unnamed plaintiffs lawyers, doctors in concussion settlement; Special investigator appropriate, class counsel says
PHILADELPHIA – If the National Football League has their way, sanctions will be issued and a special investigator will be appointed to the NFL’s $1 billion Concussion Settlement program, as the league alleges an independent claims administrator determined that 23 percent of the claims submitted to it were fraudulent.
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.