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Litigation Funding Creates National Security Threat

Updated: Jan 25, 2023


Third party litigation funding has become a lucrative investment practice in theUnited States with investors funding lawsuits, gambling on a verdict they hope will pay off in big bucks.

But litigation funding creates a major risk to national security by opening a path for foreign adversaries to infiltrate the American litigation system and undermine national economic and security interests.

The U.S. Chamber of Commerce Institute for Legal Reform’s ILR Briefly: A New Threat: The National Security Risk of Third Party Litigation Funding warns the China Investment Corporation (CIC), China’s sovereign wealth fund, could finance a suit against an American company in a sensitive industry such as military technology and “obtain highly confidential documents containing proprietary information regarding sensitive technologies from the American defendant corporation.”


CBS’ weekly news program “60 Minutes” aired a report on the lack of oversight concerning litigation funding. Click here to watch that video.


You can read the Institute for Legal Reform’s full report by clicking the button below:


TPLF-Briefly-Oct-2022-RBG-FINAL-1
.pdf
Download PDF • 299KB

 

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When: Jan. 12, 2023

Where: Twisted Spike Brewing Co., 1 NW 10th St., Oklahoma City

Time: The event kicks off with happy hour and good eats at 4:30 p.m.

Team trivia begins at 5:30 p.m.

Cost: $400 team of six, $75 individual tickets

The deadline to register is Jan. 6.




 

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