Litigation loans: the high price of civil justiceTOM LEE/STUFF Kiwifruit growers, including Bob Burt, would not have been able to get sue the Ministry for Primary Industries without litigation funding. PETER MEECHAM/STUFF Liquidator Robert Walker is using litigation funding to sue giant advisory firm PWC. Because of the risk of such large losses, litigation funders weigh up the strength of potential cases carefully, or as Newland puts it: "Litigation funders bring commercial rationality to litigation". WELCOMED BY LAWYERSDespite legal challenges to their legitimacy, litigation funders are beloved of lawyers. Gollin noted overseas major companies fighting on many legal fronts often used litigation funding to manage their "dispute resolution portfolios".

Source: Stuff July 29, 2017 16:52 UTC