Litigation Funding Companies Claim Judge Improperly Assumed Jurisdiction in Concussion Settlement Case

On January 23, 2019, three litigation-funding companies, RD Legal Funding LLC, Atlas Legal Funding LLC, and Thrivest Specialty Funding LLC told a three-judge panel that U.S. District Judge Anita B. Brody, the judge who oversaw the NFL concussion case settlement, improperly assumed jurisdiction over third party funding contracts between the companies and the former players. The litigation funding companies argued that Judge Brody lacked jurisdiction to bar the litigation funding companies from recovering their stake in the settlement. As we have previously reported, in…
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