The New Black?

Litigation financing is one of the most important recent developments in the global claims arena. There is a very simple reason why it has become an increasingly important phenomenon, and that is because it is so highly remunerative. An August 27, 2018 Bloomberg article entitled “For the World’s Super Rich, Litigation Funding is the New Black” (here) takes an interesting look at the recent growth in litigation funding, as well as the reasons for and consequences of the growth. According to the article, for many institutional investors and other sources of investment capital, litigation funding is now viewed as just another asset class, albeit one with superior returns (for now, at least). The question is whether all of the current litigation financing fund raising is shrinking the opportunities and possible future returns.
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