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6 - Social Impact of TPF

from Part II - An Economic Analysis

Published online by Cambridge University Press:  16 September 2019

Gian Marco Solas
Gian Marco Solas
Affiliation:
Omni Bridgeway, The Netherlands
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Summary

This chapter discusses the potential social impact of TPF, from the point of view of claimants, defendants, legal systems and society. In doing so, it reports and discusses the main arguments in favor or against a wider use of TPF. These are, inter alia, access to justice and deterrence of wrongs on the one hand, and the increase of frivolous litigation and of the disputes’ volume on the other. This chapter will also lay the basis to discuss the regulatory aspects related to TPF in the following chapter, necessary to improve its social desirability.

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Type
Chapter
Information
Third Party Funding
Law, Economics and Policy
 , pp. 227 - 250
Publisher: Cambridge University Press
Print publication year: 2019

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