White Castle could face multibillion-dollar judgment in Illinois privacy lawsuit

White Castle could face multibillion-dollar judgment in Illinois privacy lawsuit

Feb 17 (Reuters) – Illinois’ highest court on Friday explained firms violate the state’s exceptional biometric privacy regulation every time they misuse a person’s personal information and facts, not just the initial time, a ruling that could expose enterprises to billions of bucks in penalties. The Illinois Supreme Court in a 4-3 conclusion mentioned fast…

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Litigation Funding: A multibillion-dollar industry for investments in lawsuits with little oversight

Litigation Funding: A multibillion-dollar industry for investments in lawsuits with little oversight

Ever heard of litigation funding? It’s a relatively new, multibillion-dollar industry where investors fund lawsuits. Here’s the idea: say someone was wronged by a big corporation but has no money to sue it. A litigation funder will pay for their court battle. In essence: they’re betting on the lawsuit the way traders bet on stocks….

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