Backers

Courtroom Influence: Should External Financial Backers Have a Say in Federal Cases?

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Washington — In the ever-evolving landscape of the U.S. judicial system, a particular trend involving outside funding for litigation, especially in federal cases, has sparked a heated debate about the proper role and influence of these financiers. Known informally as litigation financing, this practice sees third parties — often hedge funds, investment banks, or private investors — covering legal expenses in exchange for a portion of any settlement or judgment awarded. While proponents argue that this method democratizes access to legal recourse for those who may not afford hefty legal fees, critics raise concerns about … Read more

Ysabel Jurado’s Grassroots Campaign Surges Ahead in L.A. City Council Race, Defying Big-Money Backers

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LOS ANGELES (AP) — In a surprising turn of events, Ysabel Jurado, a tenant rights attorney and Los Angeles City Council candidate, has taken the lead in the race for the 14th District. Jurado, who operated on a grassroots campaign without the support of big-money backers or glossy campaign mailers, deployed a powerful canvassing operation that covered 85,000 doors across the district. The strategy seems to be paying off, as Jurado now finds herself in first place and likely headed to a runoff. Jurado’s campaign focused on supporting renters, fighting gentrification, and amplifying the voices … Read more

Unmasking the Hidden Backers: Shedding Light on Funding Behind Mass Tort Litigations

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Los Angeles, California – Recent efforts are underway to unveil the sources of outside funding for mass tort litigations. The disclosure of such information is vital as it sheds light on potential biases and conflicts of interest within the legal system. Organizations advocating for transparency argue that revealing the funding sources can help ensure fairness and integrity in mass tort cases. Mass tort litigations involve a large number of plaintiffs who have been harmed by a common product or action. These cases often attract substantial funding from third-party investors, such as hedge funds or venture … Read more