More litigation funding regulation not required in Canada, say funders and lawyers

Hugh Meighen of Borden Ladner Gervais, Paul Rand of Omni Bridgeway, and Chenyang Li of Davies Ward Phillips & Vineberg explain why regulatory intervention is not necessary in the Canadian litigation funding market, arguing that the common law in the country is sufficiently developed, litigation funding is not yet being provided as a consumer service in Canada, and lawyers’ intervention and professional responsibilities go a long way to mitigating concerns. Read more.