Government Accountability Office Releases Report on Third-Party Litigation Funding
- January 27, 2023
Category: Patent Watch, TPLFTag: TPLF
In September of last year, Bloomberg Law reported that the Government Accountability Office (GAO), “which provides nonpartisan research to Congress”, was working on a study on third-party litigation funding (TPLF). Commissioned by a group of lawmakers, the report was meant to shed light on the activities of litigation funders in the US, including how many cases have been funded, how many have concluded, and what types of returns they have generated. By its own admission, the report—which was released last week—fell short of its goals, citing gaps in available data on TPLF.
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