Litigation Finance Plays an Important Role in Capital Markets

William Marra of Certum Group and Suneal Bedi of Indiana University’s Kelley School of Business argue that litigation finance should be understood and regulated as a capital markets instrument that shapes competition in the broader marketplace, not merely as a procedural access to justice tool, warning that overly burdensome rules could disproportionately harm small and mid-size businesses that depend on funding to grow.

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