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Delaware litigation finance transparency controversy and corporate exodus

Fortune · ·by G4L

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  1. 1Virtu Financial announced it will relocate from Delaware to Texas on November 4.
  2. 2Patent cases account for 32% of new litigation finance commitments in 2024.
  3. 3North Carolina became the first state to fully ban third-party litigation funding on June 22.

So what's the key point?

Virtu Financial has decided to move from Delaware to Texas. The company is relocating due to new restrictions on litigation-related investments.

Source Fortune · View original ↗

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