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PE Fund for Litigation

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13 pointscwan11 comments

It must be an odd feeling for writers like Cory Doctorow to watch their fictional worlds become true right before their eyes.

Just curious, in what piece of writing did Doctorow predict this? I'd like to read it.

"Makers" http://craphound.com/makers/

I won't go into the details. It would stray far into spoiler territory.

Although, the idea actually appeared a few years ago in one of his earlier works that "Makers" is based largely on.

the final sentence says (in part):

> According to The Lawyer, The Judge also served as a broker, [...]

which seems very odd to me. how can a judge have a financial involvement in the case? have i misunderstood? is "the judge" not an actual judge, but a company called "the judge" or similar (the capitalisation suggests something along those lines)?

"The Judge" is the name of a fairly large ATE litigation insurance company.

If it's not illegal yet I hope it is soon.

Why - do you think only people/companies who are rich should be able to bring lawsuits ?

The availability of litigation financing to people with legitimate legal complaints is critical to having a fair legal system.

Is this a reasonable vehicle for entities that simply would not otherwise have the funds to engage in legitimate litigation against an well-funded adversary?

That said, there seems to be an inherent unfairness in a system where the opponent with the largest coffers wins, and your only reasonable option as a litigant is to find an equally capable financer to invest in your redress of grievances.

Ahh, you see, somewhere along the line it stopped being at all about the redress of grievances.

In the US, it depends on the jurisdiction.

See here:

http://en.wikipedia.org/wiki/Champerty_and_maintenance

That link was pretty interesting! It's weird to think that contingency fee arrangements were banned until relatively recently.

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