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Delaware court's opaque litigation funding sparks corporate flight

By PulseAugur Editorial · [1 sources] ·

Delaware's Court of Chancery is facing criticism for a lack of transparency regarding litigation funders, which is causing companies to relocate. Vice Chancellor Travis Laster's decisions have been seen as unpredictable, leading to a decline in trust. The growing, largely undisclosed market for litigation finance, estimated at $20.6 billion globally, obscures the true parties involved and their motives, potentially undermining judicial integrity. AI

RANK_REASON Policy change and its impact on corporate relocation and judicial transparency. [lever_c_demoted from significant: ic=1 ai=0.1]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Delaware court's opaque litigation funding sparks corporate flight

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Policy change and its impact on corporate relocation and judicial transparency. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Jeffrey Sonnenfeld, Steven Tian ·

    Delaware’s federal court forced litigation funders into the open. Its most important court still lets them hide

    Companies are already leaving Delaware with those exits accelerating. Secret litigation funding in Chancery Court gives them one more reason to get out of Dodge.

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