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Alere merger with Abbott Labs lands in federal court

BOSTON (Legal Newsline) -- In a class-action complaint filed in a Massachusetts federal court, shareholders allege Alere, Inc., a global diagnostic device and service provider, violated several laws in a proposed merger with Abbott Laboratories, a global health care company.

Under foreign non-lawyer ownership rules, U.S. litigation funder opens law firm in London

NEW YORK (Legal Newsline) - Burford Capital, a leading third-party litigation funder in New York, has opened Burford Law in London.

Third party litigation grows: Silicon Valley’s Thiel bankrolls new startup

Legalist's business model may cause persons who might not otherwise be able to afford to litigate to enter or stay in the litigation system. Morris Ratner, a professor of law and associate dean at the University of California Hastings College of the Law in San Francisco.