Third Party Funding
Law, Economics and Policy

Looks at legal, economic and policy issues related to third party funding in common law, civil law jurisdictions and international contexts.

Gian Marco Solas (Author)

9781108497749, Cambridge University Press

Hardback, published 26 September 2019

362 pages
23.4 x 15.6 x 2.3 cm, 0.65 kg

'Essentially this book presents a copiously researched study aimed at enabling readers to make at least a better-informed judgment of the advantages, or otherwise, of third party funding. It will almost assuredly pique the interest of academics and practitioners alike and anyone else seeking an enhanced understanding of the ins and outs, not to mention the rights and wrongs, of TPF [Third Party Funding]. Elizabeth Robson and Phillip Taylor, The Barrister

In Third Party Funding, Gian Marco Solas, for the first time, describes third party funding (TPF) as stand-alone practice within the wider litigation and legal services' markets. The book reports on legal issues related to TPF in both common law and civil law jurisdictions, and in the international context. It then discusses the incentives and economics of TPF transactions in different legal contexts while explaining how the practice emerged and how it is likely to develop. In addition, the book offers practical insights into TPF transactions and analyzes a number of regulatory proposals that could affect its use and desirability. This work should be read by scholars, practitioners, policymakers, and anyone else interested in how TPF is changing the practice of law.

Acknowledgements
List of abbreviations
1. Introduction
Part I. A Comparative Overview: 2. An historical overview
3. Third party funding: a comparative legal and factual overview
Part II. An Economic Analysis: 4. The emergence of the litigation market and third party funding
5. An economic analysis of third party funding
6. Social impact of third party funding
Part III. Contractual, Regulatory and Policy Considerations: 7. Third party funding transactions and related proceedings
8. Regulation of third party funding and other policy issues
9. Conclusions
Bibliography
Index.

Subject Areas: Company, commercial & competition law [LNC], Arbitration, mediation & alternative dispute resolution [LNAC5], Comparative law [LAM]