Third-Party Litigation Funding (TPLF)
A commercial practice in which non-party commercial or institutional funders finance litigation costs in exchange for a portion of the proceeds from a successful legal claim.
Source: Funding Justice: A Conceptual Model of Investor Behaviour in Litigation Crowdfunding (Academic research) · p.2
Have a question about Third-Party Litigation Funding (TPLF)? Ask the AI, answers cite the source.