Lawsuit Lending Facts



Former Ga. AG Sees Problem with Lawsuit-Financing

October 26, 2011
John O'Brien

Former Georgia Attorney General Thurbert Baker said Wednesday that integrity of America’s courts is in danger because of companies that specialize in funding litigation.

< Baker made the comment at the 12th annual Legal Reform Summit, which is put on by the Institute for Legal Reform. The ILR is an affiliate of the U.S. Chamber of Commerce and owns Legal Newsline.

Baker said that companies only seeking the maximum profit might not have the best interests of claimants in mind.

“I’ve never seen what I consider a greater threat to the judicial system we have in place than what I have seen in (alternative litigation financing) and third-party funding of litigation around the country,” Baker said.

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