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Expert Analysis - Opinion

BVI Ruling Clarifies Jurisdiction's Stance On Legal Finance

By Robin Ganguly (November 3, 2020, 3:18 PM EST) -- In the first written, reasoned judgment of its kind, Crumpler v. Exential Investments Inc.,[1] the British Virgin Islands Eastern Caribbean Supreme Court has approved the use of third-party legal finance for litigation and liquidator costs. While the court had previously allowed litigation funding agreements, there was no prior written judgment on the topic....

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