Comment by pclmulqdq
20 hours ago
There’s already a relatively liquid market here around legal financing, but they only finance cases that can win. This is not a case that will result in anything but a dismissal.
20 hours ago
There’s already a relatively liquid market here around legal financing, but they only finance cases that can win. This is not a case that will result in anything but a dismissal.
I am not a lawyer. If you are, then I will consider this response null and void… but if you’re not, just go to your LLM du jour and ask it why this case might have ground. If it is even 1% convincing then imagine what sort of case a real attorney could come up. Then multiply the odds of winning against a billion dollars. A >0.01% chance EV would probably catalyze at least one of these firms.
That’s not how the real world works. Sometimes the chance of winning is actually 0, and sometimes when you pursue something frivolously you actually end up having to pay the other side’s fees. The EV of a lawsuit can easily be less than 0.
Make sure you ask it why it wouldn't work too. Because its answer given the same facts will be different depending on the question asked
No it would not.
Firms can be sanctioned for pursuing cases knowing the statute of limitations has expired.