Once considered taboo in the legal profession, the practice of litigation finance is enticing more corporate lawyers to become investors, bankrolling lawsuits in exchange for a piece of the potential winnings.
BETABEAT Looking to Make a Profit on Lawsuits, Firms Invest in Them | The practice of litigation finance is enticing more corporate lawyers to become investors, bankrolling lawsuits in exchange for a piece of the potential winnings.
But it's wrong to retreat from the practice of fully financing the M.T.A.'s five-year capital programs, which a former M.T.A. chairman, Richard Ravitch, instituted in the 1980s.
What this wouldn't do is totally end the practice of publicly financing stadiums, as cities and states could -- and certainly would -- still use taxpayer funds and access non-exempt bonds to pay for new facilities.
The Goldman Sachs report raised questions about the practice of zero percent financing and other incentives.
In it, Harris-Babou takes one of the notoriously massive Restoration Hardware catalogues and uses a red Sharpie to draw thick, deep lines onto its pages — a literal take on the practice of redlining, or withholding financing, including insurance, loans, and mortgages, on a discriminatory basis.
Conversations with instructors at other universities suggest that the practice of getting a corporate grant to finance a student-made P.R. campaign isn't that unusual.
A18 Hidden Car Loan Fees Assailed The practice of car dealers' adding points to finance charges without notifying car buyers is coming under legal attack in at least five states -- California, New Jersey, Pennsylvania, Tennessee and Texas -- an investigation by The New York Times and ABC News has found.
Rachel Leon, the executive director of the New York chapter of Common Cause, which monitors election financing, said the practice of helping contributors was common.
Saule T. Omarova, a law professor at the University of North Carolina who has studied the issue, told the subcommittee that there was one other company that was an early leader in combining the practice of moving physical commodities with the financing of market activity — Enron.
