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Third Circuit Opinion Mostly Vacates Settlement Funding Prohibition

April 26, 2019
Sheilla Dingus

On Friday the Third Circuit Court of Appeals delivered a precedential ruling regarding a district courts authority over third-party settlement funders.   As a result of the ruling, many NFL settlement class members will once again find themselves on the hook for advances on their settlement awards.  I explain the ruling, in the following thread:

Here’s the order in its entirety:

I did a second thread on the funder issue including some articles that published after my initial tweets, which include comments from Chris Seeger and attorneys for the lenders.

Permanent link to this article: http://advocacyforfairnessinsports.org/nfl-concussion-settlement/third-circuit-opinion-mostly-vacates-settlement-funding-prohibition/