Topic: How litigation funding works

Litigation Finance Boom: Regulatory Relief and Court Wins Propel Industry into Spotlight

The U.S. litigation funding sector is enjoying a series of positive developments this week, including significant legislative relief in Washington and legal victories for its leading entity, Burford Capital. On Capitol Hill, the U.S. Senate’s parliamentarian eliminated a substantial proposed tax on litigation financials from the extensive budget bill under consideration, which Senate Republicans approved on Tuesday.