Litigation Funding – The U.S. Chamber of Commerce Keeps Throwing Away Credibility
Litigation funding is a much needed, economically logical tool for many plaintiffs, and a fact of life. Indeed, it’s a fixture in some overseas countries, such as the Uk and Australia. But, the US Chamber of Commerce keeps flogging away at litigation funding. The latest exchange is here – a letter battle with Christopher Bogart of Burford Capital. Mr. Bogart is anything but an extreme plaintiff’s lawyer – he was a litigation partner at Cravath and later the GC at AOL-Time Warner. Once again, the chamber loses credibility by taking an extreme view without relevant, supporting facts. That’s too bad because there are other, bigger issues for which the loss of credibility will matter. Repeat players in litigation, such as the chamber, need credibility.