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Campaign finance litigation, like politics itself, produces strange bedfellows.
He went on to create BlackRobe Capital Partners, which helped finance litigation against big corporations, but he closed the company recently before joining Mr. Tourre's legal team.
That is wrong, said John C. Bonifaz, executive director of the National Voting Rights Institute, a nonprofit group specializing in campaign finance litigation.
The remaining $15 million will be used to finance litigation against Enron executives, Andersen's auditors in the United States and Enron's investment bankers and lawyers, court papers say.
Yet even as the latest round of school finance litigation goes to trial this fall, it appears there is reason for optimism about the number of students leaving high school with a diploma.
Those in favor of such cases argue that though many of these suits may be unsuccessful or minor, they finance litigation against larger deals that need to be challenged and are successful.
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By contrast, the first major wave of school-finance litigation, in the early 1970's, sought so-called "fiscal equity," which required that all school districts be funded equally.
It has financed litigation accusing Cintas of not paying overtime to its drivers and of illegally firing workers for supporting a union, accusations that the company denies.
IMF, an Australian firm that finances litigation in return for a share of the proceeds if the litigation succeeds, has announced it will finance a similar action in the Netherlands.
While its future is not yet certain, the president of its board of directors, Luis Miranda, said on Tuesday that the group was in talks to merge with the New Jersey-based Education Law Center, which two weeks ago won a $500 million judgment in its own long-standing school-financing litigation, known as the Abbott case.
In May, Burford Capital, which calls itself the world's largest provider of finance for litigation and arbitration, announced that twenty-eight per cent of private-practice lawyers it surveyed said their firms have used litigation finance directly a fourfold increase since 2013.
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