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Home > Journal

Usury and Other Defenses in U.S. Litigation Finance

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B.M. Cremades Román, Jr.
Cremades Román, Jr., Bernardo M.

Article from: TDM 3 (2014), in Contingent Fees and Third Party Funding in Investment Arbitration Disputes

Abstract

Third-party litigation funding is a business transaction whereby a funder pays for the litigant's costs and expenses in exchange for the assignment of a share of the litigant's recovery. If the funded litigant loses, the funder will lose the investment; if the claim is successful, either in litigation or settlement, the funder will receive a portion or percentage of the recovery. A funded litigant may not always be happy to return to the financier the amount owed after securing a favorable settlement or judgment. In such situations, the funded litigant may seek an order from a local ...

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Suggested Citation

B.M. Cremades Román, Jr.; "Usury and Other Defenses in U.S. Litigation Finance"
TDM 3 (2014), www.transnational-dispute-management.com

URL: www.transnational-dispute-management.com/article.asp?key=2112

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The Transnational Dispute Management Journal (TDM, ISSN 1875-4120) and OGEMID listserv focus on recent developments in the area of (investment) arbitration and dispute management, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting. Read our Terms & Conditions here, and our Privacy Policy here.

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