‘Wild West’ of Lawsuit Funders Supports Divorcees to Soldiers

BusinessWeek, 8 Apr 2013
Jane Ong thought she had a good case to sue her accountants in Singapore over asset valuations during a two-decade divorce fight. Short of money, she persuaded a litigation funder -- an investor that pays for a lawsuit in return for a share of the proceeds -- to help.
Buttonwood Legal Capital Ltd. funded Ong’s claim in the country for about two years before pulling out in 2012, she says, leaving her with legal bills she couldn’t pay.
“They left me again owing money,” the 52-year-old London resident said. “This was meant to be good for me.” Full story