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McDonald Hopkins creates litigation finance group.
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- Author(s): Nobile, Jeremy
- Source:
Crain's Cleveland Business. 5/6/2019, Vol. 40 Issue 18, p6-6. 1p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article reports on the move of , Ohio-based businessman McDonald Hopkins to create a litigation finance group where services could range from helping set the deal terms between an investor and client to due diligence for the investors vetting cases to bankroll. Marc Carmel, co-chair of McDonald's litigation group, notes the momentum in favor of more money entering the space where more lawyers are becoming more comfortable with it. An ethical criticism of litigation funding is also tackled.
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