Proceeds and Taxes

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The draft model treats taxes owed by the Plaintiff as a result of receiving the Proceeds differently depending on whether the Proceeds result from a judgment or a settlement. If the Proceeds result from settlement, a Litigation Proceed Right is … Continue reading

Proceeds and Costs

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The proceeds payment of the securities financing contemplated by the draft model is fundamentally different than the standard non-recourse loan. In the traditional approach, the lender (funder) is repaid the loan principal, which represents the costs of the litigation (or … Continue reading

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