July 17, 2011
Third-Party Litigation Financing
Every once in a while I teach a case where the students find it somewhat odd that the plaintiff would incur all the expense of going to trial given what's at stake for the particular plaintiff. One answer I give is that there are times when third parties will finance litigation that addresses some policy issue they are interested in. The Institute for Legal Reform recently put up a post on the practice, focusing on the human rights litigation involving Chevron. You can find the post here.
Tangential, but related: For a long time in Torts (and some other classes), a bunch of my classmates and I were baffled by situations where husbands would sue wives, or children would sue parents, etc. The answer was almost always that there was an insurance/indemnity reason for this, but none of us really realized that until well into our first year.
Posted by: N.B. | Jul 17, 2011 10:52:00 AM