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Foley publishes Jason Levine’s guide to financing corporate antitrust claims
Foley & Lardner said it published an article by Jason Levine on litigation finance for corporate antitrust plaintiffs. The firm said the article describes funding as a non-recourse arrangement repaid only from a successful claim, explains that shifting fees to a funder reduces expensed litigation costs under GAAP, notes that funders typically take a multiple of their investment, a share of recovery or both, and cites a median antitrust resolution time of 1.8 years.
Key points
- Foley’s article discussed nonrecourse funding arrangements.Foley & Lardner
- The guide addressed accounting treatment of litigation expenses and recoveries.Foley & Lardner
- The firm’s article recommended examining a funder’s experience and resources.Foley & Lardner
- Foley’s guide described funding agreements as negotiated arrangements requiring attention to their specific terms.Foley & Lardner