litigation financing News

Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck Grassley of Iowa and John Cornyn of Texas—have a few questions of their …

Some invest their money in stocks, some in bonds, some in real estate. Increasingly, investors are also putting their money into lawsuits, and University of Iowa law professor Maya Steinitz argues that federal and state governments need to adopt laws …