Tag

Litigation Funding

All articles tagged with #litigation funding

politics3 years ago•2 min saved

AOC's Hilarious Mockery of Nancy Mace Goes Viral

Rep. Alexandria Ocasio-Cortez mocked Rep. Nancy Mace during a House oversight committee hearing, sarcastically thanking her for listing all the special interests involved. Ocasio-Cortez used the opportunity to criticize the Supreme Court's alleged corruption and highlight the impact on women, Indigenous people, minorities, and working people. The two representatives have a history of conflict, including Mace questioning Ocasio-Cortez's account of the Capitol riot.

via Yahoo Entertainment|

#alexandria-ocasio-cortez #house-oversight-committee #litigation-funding

business3 years ago•10 min saved

"Unregulated Industry Attracts Deep-Pocketed Investors to Fund Lawsuits, Reveals 60 Minutes Investigation"

Litigation funding, a multi-billion dollar industry, allows investors to fund lawsuits, providing financial support to individuals who may not have the means to sue large corporations. While it can level the playing field for the underdog, the industry lacks regulations and oversight, raising concerns about transparency and potential ethical issues. Litigation funders take a percentage of the award if the case is successful, but if it fails, they lose their investment. Critics argue that the lack of regulation allows funders to charge exorbitant rates, taking advantage of vulnerable individuals. The U.S. Chamber of Commerce has called for regulations, highlighting the need for transparency in this rapidly growing industry.

via CBS News|

#business #investment #lawsuits

politics3 years ago•4 min saved

Trump's Desperate Attempts to Delay E. Jean Carroll's Defamation and Rape Trials Denied by Judge.

Donald Trump's lawyers filed a motion to postpone the E. Jean Carroll defamation trial, alleging misconduct by Carroll's lawyers and perjury by Carroll herself. However, Carroll's team pointed out that her testimony was technically correct and that Trump waived the issue years ago. The court granted a one-hour deposition and some minor document disclosures but not the postponement, which appears to have been Trump's overriding objective. Trump's motion to delay the case due to negative publicity is still pending, but the court is inclined to start the trial on April 25, 2023.

via Above the Law|

#contingency-case #defamation-suit #donald-trump