Unmasking the Controversial Impact of Third-Party Litigation Funding on Public Health, Innovation, and Patients
NASHVILLE, Tennessee – Third party litigation funding (TPLF) has become an increasingly prevalent practice in the civil justice system, impacting various sectors, particularly medical technology manufacturers. However, concerns are being raised about the potential misuse of TPLF, arguing that it adversely affects public health, hampers innovation, and poses risks for patients. The use of TPLF has expanded significantly in recent years, contributing to the rise of mass tort litigation. Typically, this funding involves a third party providing financial assistance to claimants in exchange for a portion of any settlement or judgment in their favor. While … Read more