Betting on lawsuits has growing appeal - and noteworthy backers
https://www.bloomberg.com/news/features/2016-11-22/big-bets-on-vw-lawsuit-could-yield-10-000-or-nothing [www.bloomberg.com]
2016-12-22 01:55
What emerged is an asset class with unique characteristics. True to the maxim that lawyers make money in good times and bad, litigation funding is impervious to recessions and other economic shocks. Managed well, litigation funds can offer returns that are hard to find anywhere else.