Benjamin N. Cardozo School of Law - Yeshiva University Profile

Benjamin N. Cardozo School of Law - Yeshiva University

55 5th Ave, New York, NY 10003

Lindsey Graham says 'litigation abuse is real,' class action reform should be considered

By John O'Brien | Wednesday, Apr 3, 2019 @ 8:50am

WASHINGTON (Legal Newsline) – Lindsey Graham, the South Carolina Republican who chairs the Senate Judiciary Committee and receives backing from trial lawyers, said in a Tuesday hearing that lawsuit abuse “is real” and reform in the class action system should be explored.
Study on consumer lawsuit loans finds high rates, confusing terms

By Daniel Fisher | Monday, Mar 19, 2018 @ 9:13am

AUSTIN, Texas (Legal Newsline) - The broadest study yet of consumer litigation finance – money forwarded to lawsuit plaintiffs in anticipation of a victory in court or a legal settlement – found a “very complicated and circuitous” system in which some borrowers appear to subsidize others and the median interest rate exceeds 40%.