Now Indians can bet on the outcome of court cases as litigation funding shapes up to be a new investment asset
A niche form of alternative finance long established in global markets is taking hold in India, where investors are beginning to fund commercial lawsuits in exchange for a share of future court-awarded payouts.
The News Flicker
A niche form of alternative finance long established in global markets is taking hold in India, where investors are beginning to fund commercial lawsuits in exchange for a share of future court-awarded payouts.
At least three entities, including alternative investment fund (AIF) Five Rivers, New Delhi-based LegalPay, a litigation funder, and Singapore-based ELF Partners, a litigation finance consultancy, ar…
Originally published by Livemint. Read the full article →
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