henry copeland: Lawyers + VCs. A Venn diagram of evil. pllqt.it/Zykc6F

VCs betting on lawsuits

For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new financial engineering encourages wasteful courtroom warfare, but investor demand for fat returns—and big law firms' appetite for business—guarantee the spread of litigation finance.
- www.bloomberg.com