How Litigation Finance Works
Making Millions Off Other People’s Lawsuits
When Peter Thiel financed Hulk Hogan’s invasion of privacy lawsuit in 2016, many pundits thought it was an example of a new phenomenon sweeping the legal sector called litigation finance.
“But that suit wasn’t really litigation finance. That was just Peter Thiel trying to settle a score,” said Roy Strom, Bloomberg Law reporter covering the business of law.
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