Investing In Lawsuits Beats the Street

guga31bb sends word on the next wave of investment in a slow market: bankrolling others’ lawsuits. The practice sounds on the face of it indistinguishable from champerty. “Juris typically invests 0,000 to million in a case, Mr. Desser said. He would not identify the company’s backers, but said that ‘on the portfolio as a whole, our returns are well in excess of 20 percent per year.’ He added, ‘We’re certainly beating the market.'”

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Wednesday, June 3rd, 2009 Uncategorized