Litigation Financing and Its Viability under Insolvency Bankruptcy Code, 2016 – By Rachit Gupta

Third party funding (TPF), also known as litigation funding, is a significantly growing contemporary area of practice now a days. It involves a third party acting as a litigation financer who is ready to incur the entire cost of legal battle on behalf of the claimant of a legal claim in exchange of returns by a fixed share from expected relief from the case.