Malpractice claim proceeds not collateral for litigation funders, says California court

Malpractice claim proceeds not collateral for litigation funders, says California court

Debtors in a Chapter 7 case in California have been barred from using proceeds from malpractice claims as collateral for litigation funders that bankrolled an “entirely unsuccessful” intellectual property lawsuit against multinational telecoms company Qualcomm.

Unlock unlimited access to all Global Restructuring Review content