CNN pushes for Alan Dershowitz to disclose funders in defamation suit

CNN is seeking to compel American lawyer and former law professor Alan Dershowitz to disclose the funders backing his defamation claim against the network, arguing that the funders may have their own motives for backing the case (for example, a competitor or an interested party seeking to silence the news network), casting doubt on the notion that Dershowitz brought the case in order to remedy an actual personal harm. Read more.

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Litigation funder to pay $1 to settle CFPB, N.Y. lawsuit over 9/11 fund

Litigation funder RD Legal Funding, which was accused of charging 9/11 first responders 250% interest on loans, settled a predatory lending lawsuit brought by state and federal authorities for just $1, and agreed not to collect the $600,000 that customers still owe under its contracts as part of its settlement with the U.S. Consumer Financial Protection Bureau and the New York Attorney General’s Office.

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