Anonymous ID: 0d7d23 July 26, 2022, 6:45 a.m. No.16825584   🗄️.is đź”—kun   >>5624 >>5654

>>16825552

That's kinda the point

Some would have humanity believe that brutality, torture, slavery and murder of the have-nots, by the have, simply must continue for enternity, because "God said so"…it's in "His" script…

 

I don't believe that. Scripts are for fiction.

Anonymous ID: 0d7d23 July 26, 2022, 7:42 a.m. No.16825794   🗄️.is đź”—kun   >>5803

>>16825770

I hear the elites get rich off trading derivates which are bonds backed by "legal" papers of the kangaroo courts.

 

So, you could go out and make a bunch of allegations against innocent people, and then buy the bonds, and make profit from them defending themselves.

 

Great system, huh?

Anonymous ID: 0d7d23 July 26, 2022, 8:06 a.m. No.16825921   🗄️.is đź”—kun

>>16825836

>Follow the money

 

Litigation Finance

 

Both critics and proponents agree that the newly emergent phenomenon of litigation finance is likely the most important development in civil justice of our times. Litigation finance is the practice by which a nonparty funds a plaintiff’s litigation either for profit or for some other motivation. Last year, some estimates placed the size of the litigation finance market between $50 billion and $100 billion. This market in legal claims has attracted specialist firms, private equity, hedge funds, wealthy individuals, the public (through crowdfunding platforms), and sovereign wealth funds, among others who are looking for high-risk, high-reward investments or for a cause célèbre. The high-profile funding of Hulk Hogan’s lawsuit against Gawker has created a firestorm of public and regulatory interest. The funding of the concussion litigation, the #MeToo cases, and Stormy Daniels’s lawsuit—to name but a few more recent examples—have dominated headlines and conferences.

 

Implication for the organizational structure of law firms and competitive landscape for legal services. Litigation finance, especially with the very recent advent of “portfolio funding”—funding provided directly to law firms and tied to the performance of a portfolio of cases rather than the financing of single cases—is changing the competitive landscape of law firms and is poised to change their organization, governance, and finance. For example, startup and boutique firms are now able to effectively compete with so-called Big Law and with established plaintiffs’ firms for high-end work, including work that may require investment by the firm (for example, contingency and qui tam cases). The availability of outside financing also vitiates the traditional workaround, developed when law firms had a monopoly over litigation finance, whereby law firms created consortia of firms, where only one or some provide lawyering and the others are brought onboard solely to provide financing. These changes will have cascading effects on how law firms finance and govern themselves.

 

Spillover effects to criminal defense finance. The financing of civil litigation, especially the modalities it takes, appears to have inspired modes of criminal defense funding. For example, following the development of crowdfunding of litigation funding, criminal defendants have followed suit with similar crowdfunding efforts—for example, Michael Cohen famously established a GoFundMe page for his legal fees. One may surmise that through sensitizing the public to litigation funding in the civil justice arena, with its attendant host of conflicts and other ethical challenges, conflict-ridden modes of funding in the criminal defense realm may become more palatable than they otherwise would have been.

 

The urgency of all these implications is amplified by the explosive growth of the industry, both nationally and globally; projections of further future growth; and anticipated expansion into new areas. Third-party funding, which until the beginning of this century was near-universally considered a crime, a tort, or at least an ethical violation, has erupted into the mainstream and has become a significant economic force to be reckoned with.

 

https://thepractice.law.harvard.edu/article/follow-the-money/