Litigation Finance predators: champerty loves company

Litigation Finance involves loaning people money in return for the right to finance a lawsuit in their names. On its face, there's lots to love about this: it's a financial jiu-jitsu that turns every abusive act from a giant company into a target for an investor. The bigger the bully -- the deeper its pockets -- the more financiers there'll be waiting to sue it on your behalf when it screws you over. Read the rest