An Emerging Issue–Hedge Fund Investment in Litigation

The Institute for Legal Reform has an interesting op-ed piece (originally printed in the The Atlantic) that relates to the recent practice of hedge funds investing in plaintiff litigation.  The article raises some interesting public policy concerns such as access to courts, free markets principles and the problem of frivolous lawsuits.

I will admit that this is not an issue that I have encountered but I’m interested in learning more and considering how lawsuit abuse might be prevented through rules that do not undermine other important policy concerns.

Author: Kent Schmidt

As a Partner in the Southern California office, Kent practices in virtually all types of general business litigation, with an emphasis in unfair business practices, First Amendment litigation, defamation, trade secret litigation, class actions, product liability, securities litigation and enforcement, commercial disputes, employment law, intellectual property and Prop 65 (environmental) claims. He is an aggressive and creative courtroom advocate, representing both plaintiffs and defendants. Having spent his entire legal career at Dorsey, Kent is adept at finding the right lawyers in the firm to collaborate with in order to provide the best representation for his clients.