By Gerald L. Maatman, Jr. and Alex W. Karasik
Seyfarth Synopsis: The increasingly common practice of third-party funding of class actions, which provides tax incentives to plaintiffs’ attorneys and third-party funders alike, may no longer be protected under confidentiality agreements. Finding a class action funding agreement to be relevant in determining the adequacy of class counsel, a court in California
Continue Reading Bankrolling Class Actions: Court Rules That Plaintiff Must Identify Third-Party Funder Of Class Action Lawsuit