Tony Sebok has posted to SSRN Control Issues: Litigation Investment, Insurance Law, and Double Standards. The abstract provides:
Investment in litigation, sometimes known as litigation finance, is becoming increasingly accepted around the world. Once disfavored by the common law, it is now embraced in England and Australia, as well as in many civil law nations. In the United States, the development of a robust market for investment in litigation bylaypersons otherwise unconnected...