For the reasons discussed below, we are amending our draft model contract to make the default provision when bridge financing becomes necessary to be good faith negotiations. However, we leave intact, as an alternate, the concepts of Accelerated and Supplement … Continue reading
Ultimately, I agree with your conclusion that the parties to a litigation funding agreement must contractually negotiate the scope of their respective duties. I believe, however, that for several reasons those duties should be contractual and tailored to the specific … Continue reading
It seems that, collectively, we have identified some challenges to the milestone concept for litigation funding – at least in the market as it currently operates. First, we seem to agree that the litigation funding market today is quite thin. … Continue reading
