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- Title
TWO'S COMPANY, THREE'S A CROWD? REGULATING THIRD-PARTY LITIGATION FUNDING, CLAIMANT PROTECTION IN THE TRIPARTITE CONTRACT, AND THE LENS OF THEORY.
- Authors
DUFFY, MICHAEL
- Abstract
The article focuses on the importance of contract in governing third-party litigation funding (TPLF) arrangements and explore some key theoretical insights into the phenomenon of complex multi-party contracting. It mentions that application of game theory and transaction cost economics for analyzing tripartite contractual relationships between lawyer, litigant and funder. It also mentions that issues of governance of the tripartite relationship.
- Subjects
CONTRACTS; THIRD party litigation funding; GAME theory; TRANSACTION cost theory of the firm; LEGAL self-representation; LAWYERS
- Publication
University of New South Wales Law Journal, 2016, Vol 39, Issue 1, p165
- ISSN
0313-0096
- Publication type
Article