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David Lubarsky; Shane Nelson; Contingency Capital; Bench Walk Advisors; Marianne Ayala/Insider
Litigation funders now have $11.3 billion invested or ready to invest in US commercial litigation.
Heavy-hitting players include hedge funds like Fortress Investment Group and D.E. Shaw & Co.
Insider interviewed dozens of experts to find out the people and firms supercharging the industry.
Paying for someone else s lawsuit used to be illegal. Now it s a multibillion-dollar opportunity.
Today, litigation funders have $11.3 billion invested or ready to invest in US commercial litigation, according to a recent estimate by Westfleet Advisors. Westfleet estimates there are at least 46 litigation funders active in the US market.
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